Fewer than one in five companies now offer a final salary pension scheme to new staff, it was revealed today. Only 19% of employers will let new staff join their final salary schemes, research ...

If done well, new pension reforms that aim to redistribute the extra money trapped in final-salary pension schemes could prove a win-win for both companies and pensioners. The government has quite a ...

But what about pensions? Are they still worthwhile? A few years ago, the final salary pension was a mainstay of the British workplace. And that certainly was worthwhile. Millions of workers knew ...

Instead of calculating pensions based on the final salary, pensions will now be based on the average salary of the last two years of service. Additionally, the new rules include the ...

A notification issued on Wednesday stated that pension will now be calculated based on the average salary of the last 24 months, rather than the final salary. Additionally, employees will no ...

A notification issued on Wednesday stated that pension will now be calculated based on the average salary of the last 24 months, rather than the final salary. Additionally, employees will no ...