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...
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.
LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.