Following the Cabinet and Ministerial Resolutions in October 2023 introducing a voluntary alternative scheme to statutory end-of-service gratuity, a committee formed of the Ministry of Human ...

Under the TPS scheme, staff contribute a minimum of 7.4 per cent of their salary and schools contribute 28.6 per cent, which is used to fund the pensions of current retirees.

Alternative remedies In fact, UK policymakers should look to their own contribution to the build-up of risks in the system. They have sought to boost provision of credit to SMEs through the so-called ...

Alternative beta With regard to the scheme’s new alternative beta allocation, many pension funds are opting for this asset class in a bid to diversify their portfolios. Toby Goodworth, head of risk ...

The government may adopt an alternative environmental tax to replace its scheme to cut corporate energy use if it cannot reduce the scheme's administrative costs, Chancellor George Osborne said in ...

Barnsley Council is planning to invest £57m into new plans for the redevelopment of the Barnsley Marketplace retail scheme.