ALMOST three-fifths of employers believe defined contribution schemes are failing to meet the needs of employees, new research reveals.
Watson Wyatt polled 50 senior human resources managers at its recent employee benefits summit and found 78pc thought DC schemes met their needs either fairly or extremely well. But only 13pc thought...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.