UK - Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn ($79bn)in unnecessary funding commitments, a corporate adviser warns.
Automatic enrolment add-ons could more than double additional annual retirement savings by 2025, a report concludes.
Overestimated inflation projections could be costing UK defined benefit scheme sponsors over £50bn in unnecessary funding commitments, a corporate adviser warns.
Russell Investments has expanded its advisory offering with the appointment of two additional directors to its consulting and advisory services team.
Solvency II requirements for defined benefit schemes will double the value of technical provisions required to fund liabilities, costing sponsors £500bn, employers warn.
Hermes Equity Ownership Service has announced its intention to withold support from key board members at the forthcoming News Corporation shareholder meeting.
Institutional investors have poured £26m into F&C Investment's new climate change focused private equity fund of funds in a bid to target the burgeoning climate change investment sector.
Council scheme bosses slam cost-saving proposals as too complex for members
The National Exhibition Centre Group boosted its profits last year after saving £3.2m from closing its defined benefit scheme to future accrual.
UK - Alliance Boots is leaving itself open to mis-selling claims from its thousands of pensioners after it offered to change the way their plans are paid, its former finance chief said yesterday.