Two thirds of employers (65%) offer defined contribution (DC) pension schemes to stay competitive in the market, according to Towers Watson's DC Pension Strategy survey.
The research, which sought views from 126 UK employers in January and February this year, found just 15% of businesses see ensuring adequate retirement income for workers as the main objective of a scheme....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point