Government proposals to ease the burden of defined benefit deficits on employers by smoothing assets and liabilities could backfire, warns the National Association of Pension Funds.
The organisation, which has been lobbying the government to act to mitigate the effects of recession and quantitative easing, made the warning in its response to a Department for Work and Pensions consultation...
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
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.