UK - Benign markets and the shift from RPI to CPI reduced defined benefit deficits from £144bn ($234bn) to £64bn over the past year, Pension Capital Strategies research shows.
Benign markets and the shift from RPI to CPI reduced defined benefit deficits from £144bn to £64bn over the past year, Pension Capital Strategies research shows.
The Association of Consulting Actuaries supports early access but believes risk sharing schemes should be the government's priority.
Aegon recorded a loss of £8m in its UK pensions business in Q4 last year, results reveal.
Auto-enrolment legislation should be tweaked so employers do not have to enrol staff who have enhanced protection rights, Standard Life says.
On the eve of an explosion of corporate wrap products, Sebastian Cheek looks how they are set to shake-up pension saving
Employee benefit consultants are finding it difficult to recommend the National Employment Savings Trust to clients because of its lack of track record.
Most schemes are satisfied with administration levels but providers must do more to ensure this becomes more widespread, Aon Hewitt research shows.
Fidelity does not currently see market demand for a corporate wrap to incorporate wider workplace savings vehicles other than ISAs and self-invested personal pensions, it says.
The Pension Protection Fund is proposing changing the way it assumes section 143 and 179 scheme valuations, it announced today.