Auto-enrolment is placing a significant burden on payroll and human resource departments, as they struggle to cope with the changes in preparation for 2012, rpmi says.
Managing director of administration Robert Branagh said there was a “real concern” on the payroll and HR side, due to a lack of appropriate software, processes, and even comprehension of what the changes...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.