BT fails in legal challenge to reduce pension benefits
This telecoms giant had been looking to substitute its current measure - the Retail Prices Index (RPI) - with the Consumer Prices Index (CPI), which typically increases at a slower rate. It...
This telecoms giant had been looking to substitute its current measure - the Retail Prices Index (RPI) - with the Consumer Prices Index (CPI), which typically increases at a slower rate. It...
Salary Finance has launched a new ‘Advance pay app’ offering employees up to 50 per cent of their salary in advance. The company, co-founded by the former head of Google, is aiming...
The Government has confirmed it is freezing the auto-enrolment trigger at £10,000 for the next year, potentially increasing the number of people who fall into the ‘net pay trap’. Pensions minister Guy...
Four major digital trends are driving the employee benefits marketplace, leading to cost savings for employers and better employee engagement. A report by Maxis GBN - a joint venture between MetLife and...
The majority of people in the UK now support mandatory pension contributions, according to new research. Two-thirds of respondents (66 per cent) support this move according a survey by pension consultants LCP,...
In total 44 per cent of scheme are now in surplus, and 90 per cent of companies could pay off their IAS19 deficit with less than six months earnings. However it is...
More than 173,000 people have sought information about pensions scams, since a joint initiative was launched by the Financial Conduct Authority and The Pensions Regulator this summer. This is a five-fold increase...
The industry has welcomed the long-awaited publication of the feasibility study for the pensions dashboard. This study was published today by the Department of Work and Pensions, after a delay of almost...
The trade association Grid (Group Risk Development) aims to promote and enhance the take up and status of corporate group protection benefits on behalf of its members, which are UK insurers, advisers...
In July, Nest set industry tongues wagging when it awarded a mandate to a specialist fund firm to invest in commodities on behalf of its 6.9 million members. The DC master trust said...