Tata Steel UK has agreed with unions to start consulting on closing the British Steel Pension Scheme (BSPS) and replacing it with a "competitive" defined contribution (DC) arrangement.
Today's announcement comes as the company committed to keeping the Port Talbot steelworks open, saving over 4,500 jobs in south Wales, after agreeing a £1bn rescue deal with the unions. They agreed...
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
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British Airways (BA) will appeal a High Court decision which allowed trustees of one of its defined benefit (DB) schemes to grant a 0.2% increase to pensioners.
Helene Winch says in light of regulatory guidance, schemes focused on de-risking need to re-consider their fiduciary duty to also manage ESG risk