The Rexam Pension Plan has carried out a trivial commutation exercise, contributing towards a reduction in total membership as defined benefit schemes are trying to reduce costs. Trivial commutation ...

On the go: Pension scheme actuaries are being called to improve the quality of the advice they are giving trustees on commutation rates, after a review of their work by the Institute and Faculty of ...

Good news for pensioners as the Lok Sabha Select Committee identified a gap in the tax treatment of commuted pension for different types of recipients and thus recommended fixing it in the Direct ...