An innovative test case regarding the wind-up of a scheme destined for the Financial Assistance Scheme used fictional members as representative defendants to reduce costs.
Annuity rates have fallen across the board for December as gilt yields have plunged to record lows.
The trustee of the T&N Retirement Benefit scheme has denied it has the power to boost benefits for members who are subject to the Pension Protection Fund compensation cap.
Andrew Short looks at how trustees can get the best outcome
The T&N Retirement Benefit Scheme has agreed a £1.1bn buy-in after its funding level was found to exceed the threshold for Pension Protection Fund entry.
Trustees should perform due diligence before delegating further responsibility to existing fiduciary managers, argues an implemented consulting provider.
DC pension members suffer steep losses; Time to bring on the super trusts; Pensions reforms ‘are confusing public sector staff'; Pension funds urged to invest in infrastructure; Housing finds no shelter with UK pension funds; Nursing union to decide on...
The average worker in a defined contribution pension scheme has lost £1,300 a year of future retirement income in the last six months, Alexander Forbes says.
The average worker saving into a defined contribution pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.