Mercer has launched an app that gives clients access to daily information about the funding status of their schemes.
The Funded Status Monitor App tracks daily movements in markets across 30 asset classes and uses twice-monthly updates to monitor schemes funding levels on a range of measures. It also lets trustees...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.