US companies that switched from defined benefit to defined contribution pension plans are gradually increasing contribution rates, Watson Wyatt says.
Research also reveals that over the past 10 years 40pc of US firms have switched from DB to DC plans for new employees. The Watson Wyatt Worldwide survey of 300 large US employers also found more than...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers