Employers cannot afford to ignore the costs associated with deferred members of defined contribution schemes who have left the company, Towers Perrin says.
The professional services firm reminded companies are paying administration costs for all DC members - including those who no longer work for them. It said the "hidden legacy of DC" means firms are paying...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point