NEW 2.5% INFLATION DEAL AGREED FOR PRE-1997 PENSIONS PRG News Bulletin III – Apr 2024 Older RPS and SPS pensioners can breathe a small sigh of relief after their 2.5% annual cost of living increase agreement was extended for another three years to 2027. The deal between the RPF/SPS trustees and the London Stock Exchange […]
PRG News Bulletin III – Apr 2024 Read More »
In a recent House of Commons debate on private pensions schemes, Alistair Carmichael, MP for the Shetlands and the Orkneys, criticised some major employers in the UK for failing to pay their pensioners discretionary inflationary increases for their pre-1997 service. Carmichael, whose constituency includes companies such as BP, Shell and Exxon, delivered an eloquent and
MPS SPEAK OUT ABOUT UNFAIR TREATMENT OF PENSIONERS IN DEFINED BENEFIT SCHEMES Read More »
PRG News Bulletin III – Apr 2024 Older RPS and SPS pensioners can breathe a small sigh of relief after their 2.5% annual cost of living increase agreement was extended for another three years to 2027. The deal between the RPF/SPS trustees and the London Stock Exchange Group (LSEG) was announced on April 18 following
PRG News Bulletin III – Apr 2024 Read More »
Dear XXXXXX Date MP for XXXXXXXXXXXXX I write to seek your support for our campaign to achieve fair annual cost of living increases for elderly pensioners whose incomes are hugely impacted by inflation. These are the thousands of members of UK defined benefit (DB) company pension schemes
From: Ministerial Correspondence, Caxton House, Tothill Street, LONDON SW1H 9DA www.dwp.gov.uk ministers@dwp.gov.uk Our Ref: TO2024/12322 19 February 2024 Dear Ms Dean, Thank you for your email of 9 February to the Minister for Pensions about the Reuters Pension Scheme. Government Ministers receive a large volume of correspondence and they are unable to reply personally on
Reply to PRG on behalf of the Minister for Work and Pensions Read More »
Sharp-eyed pensioners were concerned when they spotted that Reuters Pension Fund assets had dropped by more than a billion pounds between 2021 and 2022. The latest accounts show a 39% drop in assets from 2.8 billion pounds to 1.7 billion. This information is from the Reuters Pension Fund Website – Members Information – Questions and
Why have the net assets of RPF fallen significantly in 2022? Read More »
Paul Walker, the former Reuters man who built our new Pension Review Group (PRG) website, is a mad keen runner with a dodgy back going for next year’s London Marathon in memory of his sister Louise. Married, with two teenage children, Paul built the new Pension Review Group (PRG) website reuterspensioners.org.uk in his own time for free,
Marathon Man who built the new PRG website Read More »
www.reuters.com/markets/europe/lseg-urges-progress-redirecting-pension-cash-into-uk-companies-2023-11-17/
LSEG CEO urges progress in UK pension cash shift to companies – Reuters 17 Nov 23 Read More »
www.reuters.com/business/lseg-raises-growth-guidance-announces-new-share-buyback-post-refinitiv-push-2023-11-16/
Divisions in the pensions industry over whom should benefit from DB pension schemes surpluses became apparent during a webinar organised by consultants LCP, the latter said in a statement. By a narrow margin, the largest group of the 200 participants (37.5%) felt companies who had set up a scheme in the first place and provided most