A new model of trusteeship is needed with the role of lay trustees limited in future, delegates at the Pensions Show 2010 heard.
UK - Increased life expectancy published by the Continuous Mortality Investigation will add an extra £5bn ($7.8bn) onto UK pensions and spark a wave of longevity trades, Aon Hewitt says.
Increased life expectancy published by the Continuous Mortality Investigation will add an extra £5bn onto UK pensions and spark a wave of longevity trades, Aon Hewitt says.
Projected retirement incomes for defined contribution savers improved for the second month in a row, Aon Hewitt analysis reveals.
The trustees of the Biffa Pension Scheme have appointed Aon Hewitt to provide investment advice and delegated consulting services.
More than half of UK workers would sacrifice pay for a higher pension contribution by their employer, research by Aon Hewitt reveals.
About 80% of trustees spend less than 20 hours per quarter on investment related decision making, Aon Hewitt says.
The combined deficit of the 200 largest UK private sector final salary schemes is at its lowest level since September last year, Aon Hewitt says.
Mercer has appointed Mandy Turner as a senior consultant in an expansion of its Bristol-based investment consulting business.
Premier Foods has outsourced the administration of the 45,000 member RHM Pension Scheme to Aon Hewitt.