UK - Executive salaries will soar as employers compensate those over the £1.5m lifetime savings limit, a consultant predicts.
A survey carried out by the Independent Remunerations Solutions and proxy voting agency Manifest shows that executive salaries rose by 7% in the last year.
And IRS director Cliff Weight predicted a surge in salaries as directors sought to maximise their pension benefit before the new rules take effect in 2006.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.