MANAGEMENT consultants Hay Group has moved into the provision of online benefit solutions after teaming up with technology provider Vebnet.
Hay – using Vebnet’s “fix&flex” application – has launched its own flexible benefits programme, MoreThan Money, which has already gained an 80pc access rate among the 300 staff. HR officer Sarah Molloy...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.