US - Active management of retirement schemes had become a key trend for 2008, according to a survey published by Hewitt.
Alison Borland, defined contribution consulting practice leader, Hewitt, said: "Employers [are] under more pressure than ever to effectively manage two sides of the retirement equation - minimising risks and unnecessary costs, while optimising the benefit that employees will get from their retirement programs."
Hewitt found that of the 190 mid-to-large sized businesses surveyed, a third (30%) said they were likely to conduct an asset liability study for their schemes and a similar number (29%) were "very likely" to review the risks in their current strategies.
Over half (55%) of all companies with defined benefit (DB) plans said they intended to review expenses and revenue sharing arrangements of their fund operations and over a third (35%) of employers with 401(k) plans said they were going to review plan governance structures or appoint third party monitors to review investment options.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.