Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....
The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).
The Association of Member Nominated Trustees (AMNT) has announced its training programme has been accredited and it will now be able to issue Continuing Professional Development (CPD) certificates.
XPS Pensions Group has revealed 70,000 defined benefit (DB) members are exercising pension freedoms each year, suggesting more education is needed to ensure better member outcomes.
Putting DC savings into a wider context for members will help pension provision to be seen as part of an individual's overall financial wellbeing, Aon has suggested. Holly Roach reports.
Former cabinet minister Ed Balls has been announced as the keynote speaker at this year's Pensions and Benefits UK conference.
PensionBee has become the first UK pension provider to adopt simpler annual statements to improve its pension reporting to members and encourage engagement.
Local Pensions Partnership (LPP) chief executive Susan Martin has resigned after three years at the local government pool.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the March 2019 estimates on the various measures…
Carillion has moved the members of three of its defined contribution (DC) schemes into Willis Towers Watson's master trust, LifeSight.