Employees are being paid more in real terms for the first time since 2008 - largely due to the prolonged fall in inflation, official statistics reveal.
The Office for National Statistics (ONS) data also showed that incentives formed a significantly smaller element of wages than in 2005. Since 2005 the value of incentives to wage packets has dropped...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.