MORE than 40pc of defined benefit schemes are expected to close to future accrual in the next five to 10 years, Watson Wyatt figures show.
The consultant’s 2008 pension plan design survey revealed the number of schemes expected to close to future accrual was up from just 6pc in its previous study. It also found the proportion of DB schemes...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.