Staff at the Atomic Weapons Establishment (AWE) will strike over the closure of the firm's defined benefit (DB) scheme at the end of this month.
It follows two days of strike action late last year over a pension dispute between unions and the sponsor that has been rumbling on since last summer. The scheme, which has around 4,000 to 5,000...
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.
Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.
The European pensions regulator has launched its second exercise to test the potential impact on schemes in the event of a market crash or longevity shock.