Schemes are concerned poor quality data will restrict their ability to carry out projects to manage liabilities or switch providers, according to research from Aon Hewitt.
Almost seven out of ten (69%) respondents to the firm's Pensions Administration Survey said data standards could hinder these tasks, up from one in five last year. The projects schemes were most likely...
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.