News

Workers at aerospace giant Goodrich have voted to strike after the company closed its final salary scheme to new members.

Trustees should "seriously understate" contribution requirements if they choose to fund by reference to The Pensions Regulator's trigger points, a consultant warns.

UK - Peter Hain has resigned as secretary of state for work and pensions "to clear his name" following a scandal over donations to his deputy leader campaign fund.

Trustees will be able to reclaim "millions of pounds" in VAT payments following a landmark ruling against HM Revenue & Customs, a lawyer claims.

Workshops to help speed payouts to scheme wind-up victims are being held by the department for work and pensions.

Trustees of the £1bn IMI Pension Fund have appointed Hammonds to provide legal advice.

ETF Securities' assets under management have grown by 25pc to more than $2.9bn (£1.48bn) in the past six weeks.

More than eight out of 10 workers think the outbreak of the norovirus vomiting bug is the perfect excuse to "pull a sickie", a survey reveals.

The public sector will be forced to scrap final salary schemes and switch to money-puchase plans, BlackRock's head of defined contribution sales predicts.

PETER HAIN has quit as work and pension secretary after the Electoral Commission decided to refer the matter of £103,000 of donations to his deputy leader campaign to the police.