Towers Watson

One-third of defined contribution schemes changed their investment strategies in the past year, Towers Watson's annual FTSE 100 DC survey reveals.

UK - HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson said.

HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson says.

In a recent news story Lib Dem pensions spokesman Steve Webb described NEST as being "doomed to failure" - do you agree?

Each month DC World asks readers for their views. This month we ask: How do you feel the governance of DC schemes can be improved?

Unfunded pension promises made to past and present UK public sector workers now amount to £993bn, Towers Watson calculations reveal.

UK - Unfunded pension promises made to past and present UK public sector workers now amount to £993bn (US$1.5trn), Towers Watson calculations revealed.

The government claims the National Employment Savings Trust will meet the Pension Commission's ambition for a low cost scheme.

CANADA - Raquel Pichardo-Allison speaks to Marcus Turner, senior investment consultant at Towers Watson, at the Global Pensions Currency Management Forum in Toronto, about the basics of currency management.

Schemes need to go "back to basics" and re-think investment strategies, delegates heard.