The number of companies offering employees flexibility in use of pension contributions is set to triple over the next two years, Willis Towers Watson (WTW) says.
The consultant's 2018 UK pension strategy survey, published this month, surveyed nearly 200 organisations - finding that, while just one in ten (9%) of the organisations were currently providing all employees...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.