Plastic manufacturer Carclo has confirmed it has not paid its final dividend of the year due to its worsening pension deficit, after issuing a warning in August.
The final dividend at 1.95 pence per share was scheduled to be paid on 7 October but has been scrapped due to the burden of its defined benefit (DB) scheme deficit. During the summer Carclo warned depressed...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.