More than 80pc of pensions offered to new employees at Britain's biggest firms are defined contribution plans, new research shows.
Watson Wyatt’s fourth annual FTSE100 DC Pension Scheme Survey said money-purchase plans accounted for 83pc of schemes open to new members compared with 74pc last year. The survey also found that among...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.