Royal Bank of Scotland (RBS) has received backlash over plans to pass £18m of national insurance (NI) costs onto its 27,000 defined benefit (DB) scheme members.
The bank announced its intentions today alongside a public consultation that will run until June 30. The move follows government changes to state pensions, which will see the bank's employer NI contributions...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.