Tough action on Local Government Pension Scheme (LGPS) costs could save taxpayers £1bn and avoid a "death spiral" for the scheme, the Centre for Policy Studies (CPS) says.
Aon Hewitt has launched an auto-enrolment (AE) solution in partnership with Zurich, offering a 0.5% annual management charge (AMC) for its default fund.
Long-term gilt yields are unlikely to rise above 4% for many years taking into account past performance, economics and supply and demand, according to Barnett Waddingham partner Matt Tickle.
Scrapping defined benefit (DB) indexation will be controversial but collective defined contribution (DC) plans outlined in the government's defined ambition (DA) paper could prove popular, the industry says.
The multi-employer Lloyds Superannuation Fund has insured £40m of its liabilities with Pension Insurance Corporation (PIC).
Barnett Waddingham and Standard Life have launched an auto-enrolment (AE) service for small and medium-sized enterprises (SME).
The Association of Member Directed Pension Schemes (AMPS) has added Barnett Waddingham's compliance officer Zoe Smith to its committee.
Barnett Waddingham co-founder Adrian Waddingham has been named one of two Sheriffs of the City of London and took up his office on 27 September.
Barnett Waddingham has created a head of wellbeing role in its employee benefits team as part of its drive to develop the range of benefits it offers.
LCP has extended its fixed-fee bulk annuity service for smaller schemes to cover full buyouts.