A nationwide strike at Tata Steel has been called off after the firm agreed to keep its scheme open in return for changes to benefits that will cut £1bn from its deficit.
Tata said the changes to the British Steel pension scheme (BSPS), which include a 1.75% cap on increases in pensionable pay, would have the same impact on the deficit as its original plan to close the...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.