Mercer

Pension managers are increasingly frustrated with the service payroll providers are providing during auto-enrolment preparation, research from Anthony Hodges Consulting shows.

Scheme deficits are higher than a year ago despite £20bn being ploughed into pension funds by sponsoring employers, Mercer data shows.

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Getting HR and payroll systems ready for compliance with auto-enrolment requirements is the biggest pensions challenge facing employers, Mercer research reveals.

Trustees risk seeing their Pension Protection Fund levy rise by "millions" if they do not focus on the type of guarantee given by scheme sponsors, Mercer warns.

The industry breathed a collective sigh of relief after today's Budget, with no changes to higher-rate tax relief and announcements on state pension reform and infrastructure investment.

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Trustees risk seeing their Pension Protection Fund levy rise by "millions" if they do not focus on the type of guarantee given by scheme sponsors, Mercer warns.

Pension Insurance Corporation has outsourced the record keeping, payroll, administration and communication services for its 50,000 pension policies to Mercer.