Employers are downgrading their pensions offering on the back of auto-enrolment (AE) in order to "hoodwink" employees into thinking it is part of the legislation, lawyers claim.
Defined benefit (DB) scheme deficits are down £51.2bn despite falling assets, research from the Pension Protection Fund (PPF) shows.
National Association of Pension Funds (NAPF) director of policy Darren Philp is to leave the lobbying group joining B&CE in a similar capacity.
Labour has accused the government of pandering to special interests as it delays lifting the restrictions on the National Employment Savings Trust (NEST) until 2017.
Restrictions on the National Employment Savings Trust (NEST) will be removed to allow it to "focus on its target group without any distraction", says pensions minister Steve Webb.
Renold has merged its three defined benefit (DB) schemes and conducted a liability transfer exercise in a move to reduce its funding costs.
Pensions minister Steve Webb is to use the Pensions Bill to change the structure of benefits given to people who delay taking the state pension.
FTSE350 companies' defined benefit (DB) deficits fell as bond yields rose on hints of an end to quantitative easing (QE), research from Mercer shows.
There is little evidence that competition between third party administrators (TPA) has any impact on fees, research shows.
The average per member cost of implementing a new administrator is over seven times more for a 200 member scheme than a 10,000 scheme, research shows.