The pensions ombudsman (PO) has dismissed a complaint against Johnson Controls that they did not grant a member an unreduced early retirement pension.
Valerie Layfield had complained to PO Anthony Arter (pictured) that her previous employer Johnson Controls and its trustees withheld consent to her unreduced early retirement pension. In August 2002,...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.