News

The government's "loose" monetary policy of quantitative easing and low interest rates is diminshing retirees' income, a report by MPs concludes.

Her Majesty's Revenue and Customs has revealed it will amend its salary sacrifice rules to prevent unfairly penalising employees who opt out of auto-enrolment salary sacrifice pension schemes.

A leading independent trustee has warned the structure of current defined contribution schemes will lead to social unrest.

West Midlands Pension Fund is piloting an online data portal to help firms cut paperwork and allow members access benefit statements online.

Employers that see auto-enrolment as an opportunity to level down pension provision should be prepared for a surge in applications to join their existing schemes, a lawyer warns.

Members of the Managers in Partnership union will be balloted for industrial action over the government's latest offer on National Health Service scheme reform.

Hewlett Packard loses £400m MoD scheme admin contract; Scots councils spend £127m on golden goodbyes; IDS declares war on overseas state pension fraud.

The UK Consumer Prices Index (CPI) climbed in March as higher food and clothing prices pushed inflation up to 3.5%.

Tube workers have called a 72- hour strike over inclusion in Transport for London's pension fund and travel benefits scheme.

Fund managers have skill and those displaying certain characteristics are worth an extra 5% per year to their fund, Inalytics claims.