Girish Menezes says there is a tried and tested solution already available in the market, and it is time for the rest of the industry to follow.
The industry needs to step up efforts to ensure guaranteed minimum pension (GMP) equalisation exercises are completed in time, and in a cost effective way, according to Aon.
Buck's David Piltz says the industry was shaped by several developments in 2018, many of which will continue to influence the sector this year.
The pensions industry is split on its approach to dealing with the GMP equalisation, Aon says.
DWP paper expected soon
Defined benefit (DB) 'superfund' consolidators will not take off, according to 52% of this week's Pensions Buzz respondents.
The Pensions Management Institute (PMI) is modernising through its aim to provide members access to 'core insight' by forming industry partnerships with organisations, writes Victoria Ticha
This week's top stories included coverage of the Competition and Markets Authority's (CMA) latest working paper, and six pension firms placed in provisional liquidator after an Insolvency Service investigation.
Employers should do more to engage members with pensions and help them harness the full potential of their options to reach a good retirement outcome, according to research.
The latest ONS data on pensions offers a snapshot of the UK's pension entitlements. Victoria Ticha takes a look at what the numbers show.
In this week's Pensions Buzz, most respondents said despite progress in recent years, there is still a long way to go