The Department for Work and Pensions must monitor the overall rate of participation in auto-enrolment rather than focusing on opt-out rates, providers have warned.
The DWP is communicating with the largest employers to collate data on initial opt-out rates among firms already staging, and will publish a report on indicative levels of participation this summer. ...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.