AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.
The proposal is aimed to reduce expected future costs of the firm's UK scheme while maintaining a defined benefit (DB) scheme which remains open to future accrual. If approved, around 2,000 final salary...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.