BAE Systems, Airbus and the trustees are creating a separate Airbus section of the BAE Systems Pension Scheme in order to give a better estimate of the deficit allocation.
All parties agreed last December to work towards this move which will involve the allocation of the scheme deficit to the BAE Systems and Airbus sections based on each member's last employer, according...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.