Consolidation

Consolidation of defined benefit (DB) schemes could cut pension costs by more than £500m a year, a JLT Employee Benefits report says.

The Pensions Regulator (TPR) has called for greater consolidation of defined contribution (DC) schemes, cautioning about the risk posed to members of small schemes.

TPT Retirement Solutions has revealed its updated senior boards as part of a bid to improve its defined benefit (DB) consolidation services.

Pensions Buzz respondents believe auto-enrolment is Sir Steve's legacy, but others questioned if he could claim credit for the policy.

This week we want to know what was Sir Steve Webb's greatest achievement, and if transfer values quotations to cash in defined benefit (DB) pensions have peaked.

The Department for Work and Pensions (DWP) has launched a consultation calling for views on changing rules on bulk defined contribution (DC) transfers without member consent.

Member nominated trustees have their work cut out for them over the next five years.

Zurich has added to the retirement support available to members of its workplace pension schemes with the introduction of a pot consolidation service and financial planning tool.

Consolidating pension pots through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.