The BT Pension Scheme (BTPS) will close to future accrual for managers in May 2018, and will them into the telecoms giant's defined contribution (DC) scheme.
The announcement is the result of months of negotiations with the union Prospect following a consultation on the future of the company's DB scheme, which finished on 17 January. Prospect secured improvements...
UPDATE: CMA proposes mandatory tenders for FM mandates but spares investment consultant market from widespread change
Investment consultants have been spared a major shake-up in their operations and business models after an investigation by the competition watchdog proposed just a handful of remedies.
Trustees of the 600 Group's defined benefit (DB) pension scheme have agreed to a £201m buyout with Pension Insurance Corporation (PIC).
Anna Genda has been appointed a director for defined benefit (DB) and defined contribution pensions (DC) at Investec Asset Management.
Scammers may be trying to steal savings from workers by falsely claiming to be calling from The Pensions Regulator (TPR), according to a warning from the watchdog.