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final salary

uncategorised

Unions to strike over pensions

Trade union leaders met today to coordinate national strikes on 26 March over cuts to public sector pay and pensions.

clock 28 January 2011 •

uncategorised

Pension cuts may spark first teacher strike in 30 years

Teachers may take part in a mass walk-out over government demands they increase pensions contributions.

clock 24 January 2011 •

uncategorised

NAPF: Public sector pensions must move to career average

Public sector pensions must be moved from final salary to career average arrangements to become sustainable, the National Association of Pension Funds (NAPF) says.

clock 22 December 2010 •

Investment

PPF 2011/12 levy will drop to £600m

The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m in 2011/12.

clock 20 December 2010 •

uncategorised

Pension scheme deficits up 50% since 2006

The deficits of the 200 largest private pension schemes have grown by 50% since 2006, according to Aon Hewitt.

clock 07 December 2010 •

uncategorised

PPF loophole leaves savers exposed

A legal loophole could threaten PPF payouts in the event of company insolvencies, warns Ros Altmann.

clock 02 December 2010 •

uncategorised

Opposition MPs demand delay on CPI pension switch

A group of 13 opposition MPs have called on the government to delay switching to the CPI index for public sector pensions until further research has been conducted into pensioner spending.

clock 23 November 2010 •

uncategorised

Public sector pension value cut by 25%

The value of public sector pensions has been cut by a quarter and future reform will need ‘trade-offs between adequacy and affordability', according to the Pensions Policy Institute (PPI).

clock 23 November 2010 •

uncategorised

Webb confirms consultation on RPI override

A consultation on legislation overriding the rules linking pension increases to RPI will go ahead, pensions minister Steve Webb revealed at the TUC Member Trustee Network annual conference.

clock 16 November 2010 •

uncategorised

DB deficits fall to 14-month low

The deficits of the 200 largest private final salary schemes have reached their lowest levels since September 2009, Aon Hewitt says.

clock 05 November 2010 •
8910
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