The abolition of the default retirement age will mean employers have to sharpen their management processes, delegates heard.
HR Trustees director Esther White said employers could no longer rely on people retiring at 65 - as they have done in the past. "Going forward retirement may not be a very useful concept," she said....
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.