James Mullins, senior actuarial consultant at Hymans Robertson, says take-up of the solution has been low because corporate bond yields have been high, artificially depressing pension liabilities in company accounts. To be...
Tony King, Pensions Ombudsman, says that the economic downturn and its impact on pension funds is unlikely to have more than a delayed and indirect effect on complaint numbers. The organisation's annual...
A third of people believe that real cuts in NHS spending are on the way, irrespective of which political party comes to power in the next election. Only 23 per cent believe...
Watson Wyatt chief executive John Haley will take the role of chief executive of the new entity while Towers Perrin chief executive Mark Mactas will become president.Towers Perrin currently has 6,300 employees...
A letter from the chairman of the trustees of one of the company's final salary schemes said: "It is apparent to the trustees that improving the company's liquidity position, ie the amount...
Will the existing schemes meet all the qualifying and automatic enrolment criteria?To be a qualifying scheme and an automatic enrolment scheme, existing schemes need to: be a registered occupational or a...
In the UK this is not so much a risk as a reality. The National Association of Pension Funds (NAPF) has urged MPs to rethink changes announced in the Budget on removal...
Retirement counselling services have existed for many years but haven’t necessarily been widely available. In order to reach the mass market it is probably necessary for providers to build a service into...
Our recent Health of the Workplace 3 Report confirmed that employers were either considering cutting, or had cut spending on their Group Risk policies with Group Income Protection being slightly higher (8%)...