Treasury tax reform proposals will have "severe financial implications" for the UK's working middle class, a consultant warns.

Lord John Hutton should consider shifting public sector pensions to a career average structure to address the inequalities of final salary provision, local government employers say.

Photography and broadcast equipment supplier Vitec has closed its defined benefit scheme to existing members.

House builder Persimmon has switched the accrual basis of its £269.7m defined benefit scheme from final salary to career average.

Investment staff at the Universities Superannuation Scheme shared bonus payments of almost £3m last year, a union claims.

UK - The coalition government's pensions tax relief proposals risk "pulling the rug" from underneath occupational provision, a consultant warns.

The coalition government's pensions tax relief proposals risk "pulling the rug" from underneath occupational provision, a consultant warns.

The John Menzies Pension Scheme received an exceptional credit of £4.6m following the completion of a pension increase exchange exercise.

Trustees of the BBC Pension Scheme are seeking legal clarification on their responsibilities after bosses failed to consult with them before proposing sweeping contractual changes.

Government is contemplating legislative action to loosen strict rules preventing more than half of schemes switching from RPI to CPI inflation increases, PP can reveal.