TWO-THIRDS of open em-ployer-sponsored pension schemes are now defined contribution, the latest research from Hewitt Associates reveals.
The consultant’s 2006 DC survey – which polled more than 100 schemes providing benefits to 325,000 employees – showed this was an increase of 11 percentage points since its previous survey in 2005. ...
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