Mercer has launched a daily funding monitoring service which will allow schemes to check the value of their scheme assets and liabilities daily.
The Fund Status Monitor also allows trustees and employers to model the impact of the scheme on the sponsors' balance sheets in the future, and model the effect of cash contributions. Mercer partner...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.