Royal Mail will close its career average defined benefit (DB) scheme to future accrual from April next year, it has announced.
The plan was first announced in August 2016 but it is now almost set in stone, pending trustee approval, following a two-month consultation process and a formal pension review. The current plan will...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.