The number of final salary schemes open to new employees has plunged from 28pc to just 17pc in a year, Aon Consulting says.
The consultant’s 2008 employer survey – which polled 100 defined benefit scheme managers across the UK – found a combination of factors had created "tough" conditions for companies wanting to continue...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.