Defined benefit (DB) scheme closures and increasing bulk annuity exercises are driving an increase in schemes outsourcing their administration, research from Aon Hewitt shows.
The consultant's annual Benefits Administration Survey found that the number of schemes choosing to outsource has increased from 69% to 75% since 2012. It also found over half of the DB schemes ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
