News

Around two-thirds of employers and employees are supportive of the Department for Work and Pensions ‘pot follows member' plans, according to research from Aviva.

More than a third of employees (37%) plan to opt out of auto-enrolment, while a further 28% are considering withdrawing from the scheme, research from Aviva says.

More Britons are working beyond the state pension age as they delay retirement, according to data from the Office for National Statistics.

Moody's downgrade of the UK economy could impact liability driven investment contracts and scheme discount rates, consultants warn.

European bond and stock markets saw a sharp sell-off on Monday after a shock result from the Italian election, where no political group managed to win a majority vote.

Engineering giant GKN has split its UK defined benefit scheme into two in its latest annual move to curtail scheme deficits and reduce risk, its 2012 final results reveal.

The Department for Work and Pensions has proposed changes to TUPE rules to ensure employers receiving transferred members are not forced to pay contributions higher than the auto-enrolment minimum.

Awareness of and confidence in auto-enrolment has increased in firms of all sizes but small and micro-employers still have work to do, research from the Pensions Regulator says.

The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.

Multinational employers set up 33 new international pension plans over 2012 according to figures from Towers Watson.