A national debate is needed to consider whether the investment approach of defined benefit (DB) schemes is storing up problems for the future, Institute of Chartered Accountants of Scotland (ICAS) president Sir Brian Souter has said.
He believes schemes have squandered a decade of potential returns by switching investments from equities and corporate bonds to gilts and other similar bonds, while the expected benefit of these has plummeted...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
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.