Mercer has outsourced the payment of benefits to pensioners in 80 countries in a deal with Western Union Business Solutions.
The consultant said the payment process would be more streamlined and transparent and pensioner's details could now be validated before payments were made. Western Union said retirees whose pensions...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point