Lloyds Banking Group has budgeted more than £1m in costs for implementing auto-enrolment to its 107,000-strong staff.
Head of pensions strategy Robert Baxter told Helm Godfrey's human resources conference that while it had not needed to recruit in order to prepare for staging, the financial group had budgeted £10 per...
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.