Government proposals to reduce inflation protection for the British Steel Pension Scheme (BSPS) could reduce its liabilities by an extra £1.5bn than experts have anticipated.
The widely reported plan to switch the scheme from the retail price index (RPI) to the lower consumer price index (CPI) to calculate pension increases was expected to cut its £14bn liabilities by around...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.