Royal Mail

Industry called on to provide feedback on what schemes must do to become authorised

Announced as draft regulations to enable the scheme type are set for publication this month

DWP to consult on regulations as industry poll finds widespread adoption expected

The deficit of Royal Mail’s defined benefit (DB) cash balance scheme increased over the year as the company awaits secondary legislation for collective defined contribution (CDC), according to its annual results.

Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).

Typical collective defined contribution (CDC) pensions would be expected to average 70% higher than either individual DC insured annuities, or 40% higher than pensions provided on average in defined benefit (DB) schemes, analysis from Willis Towers Watson...

Manifest-Minerva's Thomas Bolger takes a look at key issues at upcoming AGMs, focusing this month on issues at Royal Mail.

Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.

The pension schemes bill is set to boost income and protection for pension scheme members, says Guy Opperman, making 2020 a pivotal year for retirement savings.

With a raft of changes mapped out for the industry, pensions minister Guy Opperman says reforms will place customers at their core.