Bank of America Merrill Lynch UK Pension Plan has upped member engagement through online tools that enable workers to make changes to their pension plans, to give them greater certainty over their retirement income.
How to close your scheme's comms gap
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September 11, 2013
News analysis: Employers have been urged to better educate staff about their workplace pension plan, as new research has found more than a third of employees are still unaware of auto-enrolment.
Default fund strategies must home in on member outcomes
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September 9, 2013
Defined contribution schemes should pay more attention to the retirement objectives of their members rather than the market benchmark when assessing the effectiveness of their default strategy, according to a report.
Scheme grabs chance to hedge inflation risk
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September 9, 2013
Marsh & McLennan Companies UK Pension Fund has increased its interest and inflation rate hedge for its defined benefit scheme, to help protect its funding position against fluctuations in rates.
How BBC scheme cut £750m off its funding deficit
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August 22, 2013
The BBC Pension Scheme has chipped an estimated £750m off its funding shortfall by reducing its allocation to equities over the past 10 years and increasing employer contributions.