City Link may face legal action over unpaid DC pension contributions

Stephanie Baxter
clock

City Link may fail to pay contributions into its defined contribution (DC) scheme on time following its collapse last month, it has emerged.

The delivery service owes members £141,000 for December 2014, which is due to be paid into the scheme soon, according to reports. Although the assets of the scheme are held separately from the c...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

PPI calls for 'new approach' to Gen Z retirement planning

PPI calls for 'new approach' to Gen Z retirement planning

PPI report commissioned by IFoA looks at challenges the generation faces in retirement

Jasmine Urquhart
clock 26 February 2025 • 3 min read
Partner Insight: Why more support is needed to help avoid retirement savings shortfall

Partner Insight: Why more support is needed to help avoid retirement savings shortfall

With some retirees facing nearly a decade of unfunded retirement, Jayesh Patel - Head of DC Clients at Legal & General - discusses how to help savers better plan for the duration of their retirement years.

Average pension transfer times fell during 2024 while values grew

Average pension transfer times fell during 2024 while values grew

Origo data shows overall pension transfer times took 12.3 days to complete last year

Martin Richmond
clock 24 February 2025 • 2 min read
Trustpilot