Aon has completed its acquisition of Lorica Employee Benefits following an announcement in March that it would be purchasing the UK consultancy firm.
A positive cost to perceived value ratio is the most important thing that benefits professionals must aim for, JLT believes.
Defined contribution (DC) savers who intend to manage their own pension pot in retirement are unwilling to pay for regular advice, according to research from Hymans Roberston.
Average salaries of pension professionals are out of line with market rates following a sustained period of salary freezes, Sammons says.
DeVere Group has launched a dedicated workplace advice division which will provide whole of market advice to current and former employees of larger businesses.
The insurance industry is capable of cost effectively delivering the Chancellor's ‘retirement advice for all' pledge, but passing the "impartially test" would be challenging, Otto Thoresen has told MPs.
Do employers really need to use a benefits consultant? Nick Martindale investigates what consultants can add to a benefits package or if it can all be done directly with providers.
The trustee of the Santander UK Group Pension Scheme has hired JLT Employee Benefits (JLT EB) for administration services across its defined contribution (DC) and defined benefit (DB) schemes.
Defined benefit (DB) pension schemes are more satisfied with their investment consultants (83%) than defined contribution (DC) plans (79%), according to the National Association of Pension Funds (NAPF).
Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).