DB pension deficit headache worsens for struggling employers
The UK High Court has ruled that communications group BT cannot change a pension scheme from the retail price index (RPI) to the generally lower consumer price index, placing more significance on an imminent government white paper on defined benefit pension schemes, a legal expert says.
DeVere boss wades into final salary pension debate
DeVere chief Nigel Green has warned lessons must be learned from the collapse of Carillion and the ‘inherent weaknesses’ of UK final salary pension schemes.
FCA probes 109 firms connected to British Steel pensions
The Financial Conduct Authority has contacted 109 firms connected to British Steel Pension Scheme (BSPS) transfers and requested further information from 66 of them, the regulator has confirmed.
Will 2018 see the decline of British expats in the EU?
Brexit aside, this year looks set to be the turning point when the number of British retirees living in Europe slips into decline.
Switch your company DB pension to an insurer urge consultants
Consultants are predicting 2018 will be the best opportunity for companies to transfer defined benefit pension schemes to an insurer since the banking crisis in 2008.