UK - Employers cannot avoid management issues on pensions simply by choosing a stakeholder or group personal pension plan, Watson Wyatt warns.
The consultant says employers should not be “fooled” into thinking that avoiding the need for trustees will absolve them of ongoing governance responsibilities.
Senior consultant Gary Smith said these duties were not based on law but “business sense”.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.