CARE scheme

The Communication Workers Union (CWU) has proposed a major shake-up of its defined benefit (DB) provision, despite threatening industrial action at Royal Mail for planning similar changes, PP can reveal.

Two in five defined benefit (DB) schemes with over £1bn of assets have an accounting surplus or zero balance, according to research by Barnett Waddingham.

Final salary members of the AA UK defined benefit (DB) scheme are to move to a career average segment in a bid to stem the deficit.

Nuclear specialists and managers have voted in favour of reforms which will see their retirement fund based on career average earnings rather than final salary from next April.

AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.

Trustees looking to understand what can go wrong with data transfers should read the NAO's report on the civil service Michael Klimes finds

Workers at EDF Energy have backed a deal negotiated by GMB and Unison which allows new entrants access to a defined benefit (DB) pension scheme.

Workers at Northumbrian Water will start working to rule today, and have called a strike next week in a dispute over plans to close their final salary pension scheme.

Three unions are prepared to ballot 1200 members of 1600 workers at Northumbrian Water and Essex and Suffolk Water over proposals to axe the company's final salary scheme.

Judges are taking collective legal action for what is understood to be the first time in a bid to block reforms to the judicial pension scheme.