BT loses indexation fight in High Court
BT has been blocked from reducing the inflation indexation of pension scheme members who will continue to see increases based on the Retail Price Index (RPI), the High Court has decided. BT...
BT has been blocked from reducing the inflation indexation of pension scheme members who will continue to see increases based on the Retail Price Index (RPI), the High Court has decided. BT...
RPMI Railpen’s investment director Ciarán Barr, who shaped much of the cost-cutting strategy of the £28bn Railways Pension Scheme, will leave the organisation in the first half of 2018. Barr, who joined...
Carillion’s dramatic and sudden insolvency is likely to push its 13 defined benefit schemes, and their 28,000 members, into the Pension Protection Fund (PPF). However, as reports emerge of a combined section...
Financial wellness provider Salary Finance is partnering with Yorkshire Building Society to launch a payroll deduction savings solution to help employees keep savings separate from day-to-day salary. Allied Healthcare, one of the...
In the ever-elusive search for diversification that doesn’t sacrifice liquidity, UK defined contribution plans are increasingly seeking out liquid alternative solutions. With investment costs as a key battle ground, the emphasis for...
Acquisitive commercial broker Stackhouse Poland has bought Lancashire-based Caprica Healthcare, the specialist provider of private medical insurance services to commercial and private clients. The acquisition more than doubles the existing health insurance...
International financial advisory firm deVere Group is launching a cryptocurrency app to meet what it describes as ‘soaring global demand’. The firm’s chief executive and founder Nigel Green says critics of cryptocurrencies...
Carillion, the stricken construction company, has been attacked for paying an increasing dividend for 16 years while presiding over a pension deficit in excess of half a billion pounds. More than 14,000...
The turkey is finished, the Christmas decorations have been packed away and the New Year’s festivities are over. As we enter 2018 full of optimism, it’s time to ask yourself: “Are you...
Jack Dromey, the MP for Erdington in Birmingham who has today been named as Labour’s new pensions shadow, has pledged to fight for workers ‘robbed of their pensions by greedy bosses’. Dromey...