The Department for Work and Pensions is set to spend £10m on communications to ensure auto-enrolment is a success, pensions minister Steve Webb says.
In a webchat with Saga Group director-general Ros Altmann, Webb said it would be the employer's role to choose the scheme - noting it was for this reason that communication with this group was "crucial"....
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).
The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
Investors, driven by depressed interest rates, slower global economic growth and rich equity market valuations are examining non-traditional investment opportunities.