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...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers