Aon Hewitt is to merge its benefits administration and HR business process outsourcing (HRBPO) units in the UK, leading to around 45 redundancies.
The firm, which is one of the largest administration providers in the industry, said its HRBPO business will incorporate the administration arm to improve efficiencies. The redundancies will be made...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.