Pension increases will fall by almost one-third next year as a result of the switch from RPI to CPI indexation, Towers Watson analysis reveals.
Paul Trickett, head of investment for Europe, Middle East and Africa at consultancy Towers Watson, will be leaving the firm.
UK - Paul Trickett, head of investment for Europe, Middle East and Africa at consultancy Towers Watson, will be leaving the firm.
The withdrawal of child benefit from families where at least one parent pays 40% tax could create strong incentives for people to increase their pension contributions, Towers Watson says.
UK - The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn ($4.7bn) pension fund.
The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn pension fund.
Up to 65% of retirees could be missing out on bigger annuity payouts because they don't know their medical conditions qualify them for an enhanced annuity, statistics suggest.
UK/SCANDINAVIA - UK pension funds are lagging behind their Scandinavian counterparts in allocating to alternative asset classes, a consultant says.
UK pension funds are lagging behind their Scandinavian counterparts in allocating to alternative asset classes, a consultant says.
US - Almost all pension executives prioritise funded status over increasing returns, an SEI quick poll shows.