JLT Benefit Solutions

The UK's biggest defined benefit schemes have knocked £40bn off their deficits over the past year, as stronger equity performance pulls schemes towards full funding, figures show.

The Pensions Regulator must become "more engaged, more relevant and responsive" in its dealing with employers sponsoring defined contribution schemes, JLT Benefit Solutions says.

Lincolnshire County Council pension fund has re-appointed J.P. Morgan as its custodian and given the firm additional responsibility to undertake accounting and performance measurement services.

UK - Barnet Council pension scheme is set to liquidate its £23m ($37.4m) real estate portfolio after integrating the fund's property strategy into a diversified growth fund.

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.

Employee benefit consultants are finding it difficult to recommend the National Employment Savings Trust to clients because of its lack of track record.

JLT Benefit Solutions has appointed Malcolm Paul as chairman of JLT Employee Benefits Scotland to increase its focus on the Scottish market.

Changes to auto-enrolment legislation outlined in the latest Pensions Bill have been cautiously welcomed by the industry.

JLT Benefit Solutions has launched a group personal pension with Scottish Widows for employers looking to improve their scheme ahead of 2012.

This month the panellists discuss the challenges of communicating with scheme members