Most small companies do not believe fewer, larger pension schemes will result in better value for money for savers, says the Association of Consulting Actuaries.
In the face of growing pressure from government, regulators and trade bodies to scale up schemes, two thirds of respondents to the ACA's Smaller Firms' Pensions Survey said this would not benefit members...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.