Schemes should focus on increasing contributions rather than squeezing costs if they want to improve member outcomes, according to BT's head of pensions.
United Utilities has revealed plans to close its defined benefit scheme to future accrual, says GMB.
Measuring value for money is difficult because it is completely subjective but there is a way forward, finds Stephanie Baxter
Defined benefit (DB) schemes need to deploy different communications methods if members are to understand options such as transfers to defined contribution (DC) schemes.
Schemes need better benchmarking to be able to assess value for money, according to panellists at the National Association of Pension Funds conference.
The arrival of robo-advice into the pensions industry is "imminent" according to Capita Employee Benefits chief data scientist Eric Tyree.
Constant government meddling has reduced confidence in pensions to a historic low according to Whitbread chief executive Andy Harrison.
Both asset managers and pension schemes are failing to give investors enough information on the fees they pay, according to Professional Pensions research.
Replacement rates are being made obsolete by the retirement flexibilities introduced in April according to research from the Pensions Policy Institute (PPI).
DB schemes take 'up to three months' to respond