Large employers face an additional payroll tax of 0.5% to fund the chancellor's apprenticeship programme.
The move was announced at the Autumn Statement and includes an allowance of £15,000 for businesses to offset against the levy. As a result, chancellor George Osborne claims this will mean all organisations...
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.
Defined benefit (DB) schemes mimicking typical insurer fixed income portfolios are failing to use their greater regulatory freedoms to maximise returns with higher risk, JP Morgan Asset Management says.