BT may close its defined benefit (DB) scheme to future accrual in a bid to stem its ballooning deficit, according to reports.
The suggestion is likely to come up in the BT Pension Scheme's (BTPS) triennial valuation, which kicks off on 30 June and will conclude in the first half of 2018. The BTPS, which is the private sector's...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.