Towers Watson

Activity in the bulk annuity market picked up last month after a slow start to the year, says Towers Watson.

Schemes can expect to see a sharp increase in their Pension Protection Fund levies next year because of continuing low gilt yields, warns a consultant.

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.

Schemes must maintain "vigilance" around smart beta asset managers charging fees more akin to alpha strategies, Towers Watson warns.

The Pensions Regulator says it is satisfied with schemes’ record-keeping performance, but is it measuring the right data?

FTSE100 company defined contribution schemes' use of default options has increased from 82% to 92% over the past year but a fifth of defaults do not meet government standards, a consultant says.

Andrew Short investigates the reluctance of UK schemes to share other nations' enthusiasm for exchange-traded funds.

The collective pension deficit of Britain's biggest companies has increased by £30bn since the beginning of May, according to Towers Watson.

Rachel Dalton examines the industry response to the guidance.

Towers Watson said it has increased returns by persuading a selection of hedge fund managers to cut their performance fees.