BUSINESSES must work harder to improve the reputation of defined contribution schemes, the Confederation of British Industry and Mercer warned today.
The consultant joined forces with the CBI to author a report Saving for Tomorrow investigating the state of the current DC landscape. It said many staff are put off retirement saving by the relatively...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.