Revelations last week that third party administrator (TPA) Aon Hewitt will merge services internally, cutting 45 jobs, could have a significant impact on the outsourced market.
The move, in which the provider's HR business process outsourcing (HRBPO) arm will incorporate the admin business, aims to cut costs, with redundancies planned in its leadership and commercial teams (PP...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.