A quarter of blue chip companies now only offer defined contribution pension schemes to their staff, Towers Watson research reveals.
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Santander UK has slashed its defined benefit scheme deficit by 85% after paying contributions of £995m last year.
Schroders has enhanced its liability driven investment and strategic solutions teams with four appointments in newly created roles.
There were clashes over the switch to the consumer price index as the Pensions Bill was debated in the Lords yesterday.
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IT firm Kalamazoo Reynolds increased membership of its pension scheme to 84% after revamping its offering to focus on face-to-face support.
UK - The switch from RPI to CPI for pension indexation moved one step further in the legislative process yesterday after it was approved in the House of Lords.
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