UK companies are needlessly paying £5bn into defined benefit pension schemes because their funding targets are more than 10% higher than necessary, PwC research finds.
PwC said current methods of calculating the contributions needed to cover future pension payouts are dated, too blunt and do not reflect the way scheme assets are invested and the longer term gains expected....
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.