EMPLOYERS are being forced to consider unpopular measures to curb costs of defined benefit schemes, research by Aon Consulting reveals.
The actuarial benefits firm said pension design fundamentals such as member contributions, retirement age, and benefit accrual rates were all under review. The survey – which polled 115 UK firms – found...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.