SCHEME liabilities have fallen to their second lowest level in four years in the wake of rising bond yields and favourable investment markets, says Watson Wyatt.
The consultant said a combination of rising share markets and bond yields have helped reduce the combined deficit of FTSE100-sponsored schemes by £8bn in just four weeks. Measured on the IAS19/FRS17...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.