The majority of employers are in favour of using auto-escalation schemes to increase contribution rates in defined contribution (DC) schemes, according to research from the Association of Consulting Actuaries (ACA).
The organisation's 2013 Pension Trends Survey found that almost six out of ten employers (57%) supported arrangements modelled on the Save More Tomorrow programme adopted in the US. The survey highlighted...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.