Trustees of the two British Home Stores (BHS) schemes have sent 18,000 letters to members explaining the options available to them following the deal reached earlier this year.
At the end of February an agreement was made between Sir Philip Green, the trustees and the Pensions Regulator (TPR), that the former owner of the collapsed retailer would pay £343m in cash to enable members...
Last week, both the PLSA's new chairman Richard Butcher and the pensions minister Guy Opperman told the industry exactly what they wanted to hear. The hard part, as Jonathan Stapleton writes, is turning these fine words into action.
The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.
Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.
Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.