Larger firms are more likely to turn to trust-based defined contribution plans rather than contract arrangements when replacing final salary pensions, research shows.
A survey by Watson Wyatt found three-quarters of FTSE100 firms now operated trust-based DC plans instead of final salary schemes in an attempt to cut costs and risk – an increase from two-thirds of companies...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.