There is an eight month backlog to process guaranteed minimum pension (GMP) data at HM Revenue and Customs (HMRC) according to Hymans Robertson.
The firm sent data from a client to HMRC but received a notification on 22 November which reveals the pressure the department is under. HMRC told Hymans Robertson files being submitted via the GMP...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.