Avoiding the pitfalls of bad data management
This month the panellists discuss considerations regarding scheme pays facilities.
DC members are 25% worse off than seven weeks ago because poorly designed investment strategies have failed to protect from volatility and market falls, Xafinity says.
Complications associated with the changes to the contracting-out regime should trigger scheme sponsors into reviewing their benefits they want to offer, a consultant says.
Braced for impact: Employer's 2012 coping strategies
Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.
Phoenix group has closed its defined benefit pension schemes to future accrual to limit future costs and volatility relating to the funds' deficit.
The corporate defined contribution market in Europe is set to grow by 11.5% per year to 2014, research by Cerulli predicts.
About one quarter of adults approaching retirement in the UK is without an occupational pension, leaving them to face the prospect of working indefinitely, Baring Asset Management says.