News

The single state pension which will come in from April 2016 should not be undermined by devolution of powers to different parts of the United Kingdom says Steve Patterson.

Nearly half of UK law firms (45%) plan to offer paid-for financial guidance to employees in response to the pension freedoms with more than half (56%) of US/Global colleagues following suit.

The government has warned pension providers it is their responsibility to deliver the options promised by the ‘freedom and choice' reforms.

The Association of British Insurers (ABI) has hit back at proposals that providers would be "named and shamed" for not offering the full range of pension freedoms.

The vast majority of senior managers support flexible working with the practice also becoming more common.

The Pensions Ombudsman (PO) has ruled that a pensioner in the Civil Service Pension Scheme be refunded for repayments he made to the scheme after an overpayment error.

Private sector defined benefit (DB) pension schemes have total liabilities of over £2trn, according to figures published today.

The Royal Mail Pension Plan has selected an equity derivatives strategy to mitigate risks in its investment portfolio.

The government has warned providers it is their responsibility to deliver the options promised by the ‘freedom and choice' reforms.

Tata Steel has approached the Advisory, Conciliation and Arbitration Service (ACAS) to resolve its dispute with four unions which plan to go on strike on 22 June.