Continuing defined benefit scheme closures have left three in ten schemes planning to outsource administration, according to research.
The survey, conducted by Mercer and Chatham Partners, found 27% of schemes in the UK expected to outsource in the next three years - less than half the proportion for the rest of Europe (58%). Mercer...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.