The government has launched a consultation on ways to reduce the British Steel Pension Scheme's (BSPS) liabilities to find a buyer for Tata Steel UK, which could require controversial legislation.
It sets out four potential solutions to separate the scheme from Tata in the hope to secure members' benefits at above Pension Protection Fund (PPF) compensation levels but below full benefits. Potential...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.