The government must set mandatory requirements for defined contribution schemes says Hymans Robertson, after research revealed default funds were delivering poor value for members.
Some of the UK's top firms have been forced to up their longevity increase assumptions after underestimating the rate at which their scheme members' life expectancy is improving, Hymans Robertson said.
An upcoming paper by an Actuarial Profession working group considers the use of money back guarantees for DC members to encourage saving. But at what price?
Just over half of workers are unaware that their employer would soon auto-enrol them in a pension scheme, according to Hymans Robertson research.
The latest Hyman's Robertson FTSE 350 accounting survey reveals firms are using an increasingly wide range of discount rates and inflation assumptions to calculate liabilities. Here are the key findings in full.
The widening range of inflation assumptions and discount rates used in pension scheme accounting could cause a headache for investors, warns a consultant.
An actuarial and consultancy procurement framework for local government pension schemes will launch next month promising "better prices" for schemes.
The industry has welcomed the code of conduct on enhanced transfer value exercises and pension increase exchanges, but questions remain over how it will impact take-up of offers.
The £1.4bn Akzo Nobel longevity swap completed last week is predicted to be the first in a wave of transactions in 2012 and 2013.