Almost 90% of employees now have less trust in their company pension than 15 years ago - up from 74% in 2008, Towers Watson research reveals.
A report - The future of work place savings - also showed a tenth of private sector employees are so worried about their finances it stops them from doing their best at work. It rises to a fifth of workers...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".