Government has compounded the misery for final salary schemes by reducing the contracted-out rebate level, industry figures say.
Towers Watson has completed its acquisition of consulting and software company EMB.
UK/US - Towers Watson has completed its acquisition of consulting and software company EMB.
Financial Express has completed the purchase of stochastic forecasting business eValue from Towers Watson.
Changes to defined benefit indexation have saved FTSE100 schemes more than £15bn, Towers Watson estimates.
The Pensions Regulator, Amundi, FRR, ATP, AllianceBernstein, Towers Watson, Alexander Forbes, Barings, T. Rowe Price
US - Consultancy firm Towers Watson has named Chris DeMeo head of investments for North America.
Pensions minister Steve Webb will face a barrage of questions on pension changes next week as MPs return to parliament.
While ETFs are already popular in the US and are beginning to take hold in Europe, many pension funds overlook the advantages of this type of investment, as Helen Fowler reports
The austerity measures that swept through Europe in 2010 took their toll on pension systems. Richard Lowe reports