Proposed changes to IAS19 will dramatically increase reported pension costs, Hewitt Associates says.
Proposed changes to IAS19 will dramatically increase reported pension costs, Hewitt Associates said.
Most UK companies will continue to run final salary schemes in the short-term despite crippling liabilities, research from the Confederation of British Industry and Watson Wyatt reveals.
US - A bill introduced into the US Senate yesterday will require 401(k) providers to inform participants of the monthly income they can expect in retirement.
US/EUROPE - Towers Perrin and Watson Wyatt have been granted conditional clearance to proceed with their merger to form Towers Watson.
Towers Perrin and Watson Wyatt have been granted conditional clearance to proceed with their merger to form Towers Watson.
The Labour party's proposal to phase in employers' contributions to personal accounts until 2016 "undermines" the whole project, the Conservatives say.
John Quarrell has slammed a Pensions Regulator determination barring him, his partner and his trustee firm from working as a trustee.
Just over 7% of GP panel members surveyed this month have had to ask employees to contribute to their pension funds for the first time.
UK - Nearly two-thirds of pension managers believe personal accounts will not go ahead in their current form.