The proportion of defined contribution schemes which plan to reduce employer contribution levels as a response to auto-enrolment has increased over 2012, according to Aon Hewitt.
The human resources consultancy's survey of 119 schemes with staging dates from late 2012 to later 2014 found that one in three will cut employer contributions when AE hits. This compares to one in...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.