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BHS' £300 million pension black hole is the tip of the iceberg - there are 100s of 'zombie' pension schemes out there
Analysis of all the remaining DB [defined benefit] schemes suggests that there may be many hundreds…
Oscar Williams-Grut
Perks of the trade: India may double or triple minimum monthly pension
As per the committee, the existing minimum pension of ₹1,000 per month should be immediately rai…
The argument for Britain's gold-plated pensioners taking a haircut on their retirement funds
"This is despite the significant number of DB scheme closures, and a material reduction in the numb…
Oscar Williams-Grut
The state-backed pensions lifeboat is 'a pyramid scheme with a dwindling number of members'
Intervention should be public, with the Regulator empowered to stop the payment of dividends or exe…
Oscar Williams-Grut
Mike Ashley's Sports Direct empire only pays £82 to staff pensions
This is dramatically lower than the £2,920 per staff member, on average, for the FTSE 100 as a whol…
Lianna Brinded
This is the real cause of generational wealth inequality in the UK
As Business Insider reported in August, every younger private-sector worker today is earning on ave…
Jim Edwards
Employee association of CIL, SCCL to go on day-long protest over lack of pension reforms
New Delhi, Dec 8 () An employee association of state-owned CIL and SCCL on Sunday said it will go o…
PTI
Over 23 lakh govt employees under NPS get option to choose unified pension scheme
Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to…
PTI
Govt to allow Atal Pension subscribers for partial withdrawal from PF fund amid COVID-19 :PFRDA
"In our regulation, we already have an enabling provision of partial withdrawal for specific purpos…
PTI
Labour min observes pension week to drive enrolments
New Delhi, Nov 30 () The labour ministry is celebrating pension week from Saturday in order to driv…
PTI
Britain had a vast, unfair transfer of £36 billion in wealth and no one is talking about it
The act created a legal framework that let companies funnel workers into private pension plans and …
Jim Edwards
Pensions watchdog warns another BHS-style disaster could happen unless MPs act
These are all defined benefit schemes. Defined benefit schemes are pension schemes where members ar…
Oscar Williams-Grut
Britain's biggest companies could have easily filled the £40 billion pension black hole - but chose not to
"The collapse of BHS and the potential sale of Tata Steel UK, both with underfunded pension schemes…
Oscar Williams-Grut
Covid-19: PFRDA allows deferment of Atal Pension subscribers' contribution till Jun
Apart from APY, PFRDA runs the National Pension System (NPS) scheme which is for those employed in …
PTI
The Bank of England is to blame for the BHS pension crisis
The problem arises in the difference between the amount of money set aside to cover eventual pensio…
Oscar Williams-Grut
Tata Steel has a £485 million problem hanging around its neck which the government is trying to remove
Both BHS and Tata Steel have problems with what's called defined benefit schemes. These are pension…
Oscar Williams-Grut
PFRDA wants govt to double tax benefit under NPS to Rs 1 lakh
New Delhi, Dec 23 () Pension fund regulator PFRDA is pitching for doubling the tax benefit under th…
PTI
EPS Pensioners to get pension from any bank, any branch, anywhere in India from January 1, announces Mansukh Mandaviya
The CPPS is expected to benefit over 7.8 million EPS pensioners of EPFO. By leveraging advanced IT …