Advice given to scheme members on enhanced transfer values should be fully independent and paid for by the employer, Prudential says.
Sebastian Cheek discovers an industry in favour of scrapping compulsory annuitisation at 75 but one that says the new coalition must do more to address the wider tax framework around retirement savings
De La Rue will close its final salary scheme to future accrual in three years because of its escalating pension deficit.
The defined benefit section of the recently formed Cable & Wireless Worldwide Retirement Plan has £136m deficit, end of year results show.
UK/GLOBAL - The defined benefit section of the recently formed Cable & Wireless Worldwide Retirement Plan has £136m (US$195.8m) deficit, end of year results show.
Defined contribution schemes across the world are more robust following the financial crisis but need further refining to best meet members' needs, Towers Watson says.
GLOBAL - Defined contribution schemes across the world are more robust following the financial crisis but need further refining to best meet members' needs, Towers Watson said.
UK - The new coalition government has confirmed auto-enrolment into workplace pension schemes will go ahead.
The coalition government has confirmed auto-enrolment into workplace pension schemes will go ahead.
Sebastian Cheek asks whether The Pensions Regulator has the power to intervene in overseas cases