The number of schemes closed to new accruals is set to rise by 141pc over the next three years, latest research from Aon Consulting reveals.
Its survey of 115 UK firms operating defined benefit schemes found that while 27pc were currently open to both new members and accruals, only 18pc expected to be in a similar situation in 2009. The...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.