Defined contribution funds could face costly changes to comply with new age discrimination laws, Aon Consulting warns.
It said schemes would be hit if they did not allow members to set their own target retirement age under lifestyle investment options. Aon said its research found that although 90pc of DC schemes offered...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.