pensions

FirstGroup has more than 120,000 employees worldwide and it is John Chilman's job to ensure their pensions and benefits are taken care of. Owain Thomas reviews the main points from his PBUK keynote session.

Auto-enrolment (AE) has prompted an increasing number of employers to overhaul their entire benefit offering, JLT Employee Benefits research reveals.

The majority of people approaching retirement want to get their guaranteed guidance from financial advisers or established consumer organisations not pension providers, research shows.

The Financial Reporting Council (FRC) has formally agreed proposals from the Investment Management Association (IMA) that will see fund managers break down profits and losses in pounds and pence figures for the first time.

Average salaries of pension professionals are out of line with market rates following a sustained period of salary freezes, Sammons says.

Almost half (48%) of UK companies do not believe the benefit programmes they have in place today will be fit for purpose in 2020, a report by the Economist Intelligence Unit reveals.

The Ministry of Justice (MoJ) is establishing a pension scheme for fee-paid judges to address the discriminatory remuneration treatment part-time judges have suffered in service since 2000.

The trustee of the Santander UK Group Pension Scheme has hired JLT Employee Benefits (JLT EB) for administration services across its defined contribution (DC) and defined benefit (DB) schemes.

Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).

Two thirds of employers do not have any processes in place to measure the effectiveness of their benefit spend.