All employers are under pressure these days, not only due to low growth and poor consumer spending, but also by the increasing obligation on them to provide pensions for their staff.
As closed defined benefit (DB) schemes hoover up more and more of employers' cash, auto-enrolment (AE) is forcing them to set up new defined contribution (DC) schemes and potentially doubling their pension...
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.