Royal Bank of Scotland (RBS) will pay ten years' worth of pension contributions into its defined benefit (DB) plan by March following IAS-driven changes to its accounting policies.
Defined benefit (DB) pension schemes should move away from index-linked gilts and increase exposure to risk assets in order to plug deficits, according to research by Fathom Consulting.
Getting small businesses and people earning low wages on board with automatic-enrolment (AE) will be the real test over the next couple of years, says the Public Accounts Committee (PAC).
Few employers have been made officially aware of the availability of Fit for Work (FfW) according to new research.
Over half (57%) of employees have suffered from mental health problems with stress (43%) and depression (26%) the most commonly experienced problems.
Employers have been urged to change executive bonuses and incentives as workers believe CEOs are overpaid.
The reward and benefit packages offered to UK employers will become increasingly personalised in 2016, a major survey by the Reward & Employee Benefits Association (REBA) reveals.
The Department for Work and Pensions (DWP) has set out plans to impose a regulatory ban on member-borne commissions on service providers, dismissing concerns the responsibility could fall entirely on trustees.
Angela Raynor has called for the creation of a retirement system which ensures a "secure retirement regardless of background" in her first major speech since taking on the shadow pensions brief.
Ethical investing has been strengthened by the European Parliament's economic and monetary affairs (ECON) committee, which approved the Institutions for Occupational Retirement Provision (IORP) II Directive by 47 to three votes.