ACA’s 2021 pension trends survey, which received 212 responses from employers covering 400 schemes, found 21 per cent expressed interest in exploring CDC for their own companies, while more than half (54 per cent) backed extending CDC beyond the Royal Mail scheme, which is expected to launch next year. Support …
Read More »UK stocks slip as virus fears quell risk appetite
The FTSE 100 slipped 0.4% and marked its second consecutive week in the red after an uptick in new cases of the virus in China and South Korea hit stocks more exposed to commodity prices, including oil majors and miners <.FTNMX1770>. “Perhaps the reality of the situation is starting to …
Read More »Post Office pension scheme plans buyout policy switch
The trustees of the Post Office section of the Royal Mail Pension Plan (RMPP) are planning on converting their buy-in policy with Rothesay Life into a buyout policy. In a letter, Communication Workers Union (CWU) assistant secretary, Andy Furley, detailed the trustees’ plan to move from a group insurance policy …
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