Unions have urged steel workers to accept Tata Steel UK's proposals to close the British Steel Pension Scheme (BSPS) and replace it with a defined contribution (DC) plan.
A joint statement issued by Unite, GMB and Community on 26 January to members said they should vote for plans to overhaul the pension scheme which were set in a consultation last December. Tata Steel...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.