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.
Cash-strapped employers intent on closing their defined benefit schemes entirely should rethink their plans as alternative strategies could save them money, Aon Hewitt says.
UK - Cardano has made four additions to its client team, hiring staff from rival consultancy firms P-Solve, Towers Watson, Mercer and Aon Hewitt, to meet increased client demand.
Cardano has made four additions to its client team, hiring staff from rival consultancy firms P-Solve, Towers Watson, Mercer and Aon Hewitt, to meet increased client demand.
The recent introduction of a pensions levy by the debt-ridden Irish government has angered the industry, as Christine Senior reports
The revised IAS19 standard is set to shake-up the pensions industry and close the gap in accounting between the US and Europe, as Helen Morrissey reports
The first pension buy-in transaction in the US took place recently, sparking renewed interest in the strategy. Chris Panteli asks how the market might develop from here
Towers Watson has snagged John Machon from rival Aon Hewitt as the firm's head of business development for the retirement solutions business in Europe, Middle East and Africa.
Total FTSE350 scheme funding deficits could swing back into surplus by the end of the year due to the Consumer Prices Index inflation switch, Aon Hewitt predicts.