The industry has reacted with a mixture of support and scepticism at MPs' recommendations to reform the defined benefit (DB) pension system.
A report published by the Work and Pensions Committee (WPC) on 21 December said The Pensions Regulator (TPR) should be able to impose more punitive fines on sponsors and be nimbler to intervene more effectively...
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).