Number of firms paying insurers to take on pension liabilities may double
UK - Almost three-quarters of schemes are committed to long-term de-risking strategies but the majority still plan to demand extra employer contributions, an Aon Hewitt poll reveals.
LCP senior partner Martin Slack will retire at the end of next month and be succeeded by Bob Scott, the consultant confirms.
Almost three-quarters of schemes are committed to long-term de-risking strategies but the majority still plan to demand extra employer contributions, an Aon Hewitt poll reveals.
Jenna Towler comments on the industry's emotional acceptance of the demise of DB
Uniq cedes shares to pension scheme; MoD cites spending cuts in row over pension changes for armed forces; Pensions safety net surplus hits £42bn on market rise
Uniq has finally reached agreement with trustees in its long-running deficit for equity negotiations, which will see the scheme take control of 90.2% of the firm's shares.
Global inflation will erode defined benefit deficits substantially but savers will have to accept they will be far worse off, Lindsay Tomlinson warns.
Friends Provident has named Colin Williams as director of its corporate business after Paul McMahon quit the firm to join rival Aegon.
The plight of George & Harding scheme members highlights the need for trustees to take independent advice on Pension Protection Fund eligibility, the lifeboat fund says.