As employers across the country dream of jettisoning their defined benefit obligations in one fell swoop, a consultant has urged them to consider other options, even keeping the scheme open to future accrual.
Aon Hewitt benefit design specialist James Patten has warned sponsors their desire to follow the crowd and close their scheme entirely could actually leave them worse off than keeping the scheme up and...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.