A consultation on proposed changes to the Universities Superannuation Scheme is expected to start in late September, following the scheme committee's decision to accept a range of reforms.
UK - A consultation on proposed changes to the Universities Superannuation Scheme is expected to start in late September, following the scheme committee's decision to accept a range of reforms.
The decline in retiree's pension pots and increasing life expectancy supports the need for an increase in the retirement age, Aon Consulting says.
Auto-enrolment and the National Employment Savings Trust must be simplified if either is to be a success, industry experts say.
More pension schemes are adopting a dynamic de-risking approach and are seeking investment opportunities in social housing to meet liabilities, Redington says.
The initial charges associated with the National Employment Savings Trust Corporation could be increased to help cover the £280m deficit incurred by the national scheme at launch, industry experts say.
Specialist asset manager Osmosis Investment Management has appointed Rory Sullivan as head of responsible investment.
The aggregate deficit of the 6653 schemes in the Pension Protection Fund's PPF 7800 index amounted to £21.8bn at the end June down from a surplus of £11.7bn at the end of May.
Trustees must act now to improve data quality, using the Pension Regulator's 2012 deadline for better standards of record keeping as an incentive, MetLife Assurance says.
The anti-avoidance regulations proposed by the government in the budget will increase the use of pension alternatives, providers say.