Towers Watson

The value of variable annuity sales rose to £445m in the first half of the year, Towers Watson data shows.

As equities underperform, interest in alternative investment has grown. Laura Blows discovers how small to mid-sized pension schemes can access this strategy

US - Employers with defined benefit (DB) pension plans could receive up to $63bn in temporary pension funding relief as a result of new legislation, research by Towers Watson suggests.

Each month DC World asks readers for their views. This month we ask: Would early access to pension pots encourage greater saving or generate insufficient retirement funds?

Yes - wherever this is practically possible. From Towers Watson point of view as one of the pioneers of STP (SWIFTNet funds ISO20022) it is already established as an industry standard especially within the third party administrator (TPA) arena.  For example,...

Following recent government announcements on annuity reform the issue of minimum income requirements has caused concern, as Sebastian Cheek reports

The pension pot needed to satisfy the minimum income requirement could need to be as much as £300,000 in order to stop people falling back on state benefits, Towers Watson says.

Aon Hewitt will deliver cost savings of $355m (£235m) a year through cuts in both back and front office operations, Aon Corporation says.

The merger between Aon Consulting and Hewitt Associates marks yet another step in industry consolidation.

Scheme allocations to alternative assets have increased almost three-fold over the past 10 years, Towers Watson research reveals.