More than one-third of active defined benefit scheme members could see their benefits reduced if a £155 flat-rate state pension is introduced in 2015.
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Buck Consultants has appointed Fraser Smart as its UK managing director with immediate effect.
More than a quarter of pension schemes plan to de-risk their portfolios over the next three years by transferring liabilities to a third party, Buck Consultants research reveals.
The first ever Professional Pensions Conjecture debate chaired by Professional Pensions editor Len Roberts and including Hamish Wilson of Hamish Wilson & Co, Sacker & Partners' Ian Pittaway, and Buck Consultants' Fraser Smart - asked if the current Pensions...