Latest articles from Norma Cohen

Regulator to query Johnson over rules breach

The pensions regulator is examining whether the office of Boris Johnson, London mayor, may have breached pension rules when it placed London’s key tourism body into administration on April 1 and set up a new group employing many of the same staff in similar jobs

Unilever to close final salary pension scheme

Unilever, once one of the UK’s largest industrial companies, is closing its final salary scheme to its existing employees

Greater Manchester fund sees rise in opt-outs

The number of workers opting out of the Greater Manchester Pension Fund, the nation’s largest public sector scheme, has risen by more than 50% in the past year, even before the effect of higher contribution rates takes effect

O’Higgins calls for fees change

Professional pension providers should be required to show their fees and charges as a percentage of investment returns to customers who buy their savings products, according to Michael O’Higgins, the newly appointed chairman of the UK Pensions Regulator

Public sector pension benefits face one-third cut

Some 5m current and former public sector workers could see their retirement benefits cut by one-third following changes to the way pensions take account of inflation, an official assessment shows

Regulator deals blow to Nest alternatives

Norgrove, David

The Pensions Regulator will today unveil a discussion document that could deal a blow to insurance companies and fund managers hoping to benefit from auto-enrolment

Rising number of over-65s work on

The ruckus from employers’ groups opposed to scrapping the default retirement age obscures an important fact: those over the age of 65 in Britain are voting in ever greater numbers to remain in the workforce

Call to ditch single pension age

Britain should move away from a single age for paying state pension benefits and adopt a flexible approach in which retirement age is linked to factors such as healthy life expectancy or lifetime earnings, according to research published on Wednesday

NAPF and LPFA voice support for career average schemes

Broad support for a switch in the design of public sector pensions away from benefits based on final salary is growing, as two key bodies registered their support for retirement benefits based on average pay earned over a worker’s lifetime

BA in talks to halve deficit with CPI switch

British Airways is discussing changes to its pension scheme rules that would enable it to slash its pension shortfall, currently at £1.9bn, almost in half