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Latest news from the media 14 November 2008
Post Office awarded card account contract
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Pensions Regulator Statement 04 November 2008
Statement issued to trustees on current market conditions
The Pensions Regulator today confirmed that it is issuing a statement to trustees of all work-based pension schemes setting out its general position in relation to current market conditions.
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Pensions announcement a boost for carers 24 October 2008
Shopworkers’ union, Usdaw, is welcoming today’s announcement that hundreds of thousands more women will be able to claim the full state pension from 2010.... read more
Usdaw welcomes Pension Quality Mark 23 October 2008
Usdaw is welcoming an announcement by the National Association of Pension Funds (NAPF) to introduce a Pension Quality Mark recognising good standards in workplace money purchase pension schemes.... read more
Usdaw joins lobby for decent state pension 21 October 2008
Usdaw, the shopworkers’ union, will be joining a rally with other unions for a decent state pension for all, followed by a lobby of Parliament.... read more
Proposal to improve basic state pension 20 October 2008
A proposal to improve the basic state pension for thousands of women is to go before the House of Lords shortly. It is for an amendment to the Pensions Bill and is being moved by Labour Peer Baroness Hollis.... read more
DHL introduce salary sacrifice 10 October 2008
Workers employed at DHL who pay into any one of the Company’s pension schemes will be entered into a new arrangement for paying their pension contributions starting on 1 November.... read more
New pension proposals at Christian Salvesen 08 October 2008
Changes to the pension arrangements at Christian Salvesen have been proposed as part of a restructure of the business.... read more
Pension Scheme Closure at Woolworths 18 September 2008
A recent financial review of Woolworths’ final salary pension scheme has revealed that the scheme’s deficit has grown to £140 million.... read more
Pension Scheme of the Year Awards 2008 – Winners announced 13 September 2008
Usdaw was delighted to see that both Tesco and the Co-op Group’s pension schemes were both honoured in the Professional Pensions magazine’s annual Pension Scheme of the Year awards.
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Thousands more receiving pension protection 10 September 2008
Last month (August) 15 more company pension schemes transferred to the Pension Protection Fund (PPF), resulting in a further 3,597 people around the UK now receiving PPF compensation – or will do so in the future.
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Pension Credit 29 August 2008
From 6 October 2008, the Pensions Service are changing the backdating period for this benefit from 12 months to 3 months.
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Pensions Awareness 29 August 2008
The Pension Awareness Campaign is a national campaign which aims to increase confidence and know-how of members, reps and officials and show members the value of company pension schemes.
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The Pensions Advisory Service : 25 Years On 14 August 2008
Enquiries to The Pensions Advisory Service (TPAS) have reached record levels in the year in which the service is celebrating 25 years of giving pensions advice.
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Keep your Death Benefit Nomination Form Up to Date 30 July 2008
We recently had an enquiry from a Shop Steward at Sainsbury's about a member who was concerned that if he died in service a former partner would receive the death benefit from the scheme. This enquiry highlighted the problems members may encounter if they don’t keep their scheme up-to-date when their circumstances or relationships change.
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