The cost of longevity risk for defined benefit (DB) schemes has increased by 50% in the past 12 years due to falling long-term interest rates.
Mortality studies are increasingly seen as a method for trustees and companies to better understand scheme membership life expectancy. Kristian Brunt-Seymour explores how this can help companies make better financial decisions.
Concerns have been raised about making members more aware of risks to their defined benefit (DB) pensions, for fear of leading to panic and knee-jerk reactions.
The Department for Work and Pensions (DWP) has launched a consultation into the future of the National Employment Savings Trust (NEST).
The de-risking phenomenon is drying up long-term investment in younger generations as companies are forced to put more into defined benefit (DB) schemes, according to Ashok Gupta.
An anti-scam campaign will run for the next four weeks to help improve awareness of fraudsters' common traits, following concerns they are increasingly targeting pension fund members.
The Pensions Regulator (TPR) has selected Capita for a further three years to continue the roll-out of automatic enrolment (AE) to small and micro employers.
KPMG has introduced a longevity projection model used by insurers to help improve its understanding of the future risks of defined benefit (DB) pension schemes.
The industry and regulator should act to implement an early warning system for beleaguered DB schemes according to Silverfinch.
Samsung has introduced a workplace ISA to address the changing savings priorities of its 1400 staff.