The main public sector employers now contribute more than £50 billion annually to support employee retirement benefits. This begins to shows how significant pensions are in the remuneration of approximately 6 million UK public servants. In this blog we consider how this can be communicated effectively.
When it comes to pension schemes, how do we achieve operational sustainability, solve the administration dilemma and make the journey easier? In this blog we reflect on the steps schemes can take to lighten the load imposed by poor data, leading to increased automation levels and more engaging digital offerings.
Earlier this month the DWP announced a 'reset' of the Pensions Dashboards Programme. But connection, and the technology required by schemes to connect, remains just one part of preparing for pensions dashboards. This blog focuses on one of the other vital elements to dashboards success - matching.
GAD's work includes advising government around pensions for public sector workers. There are lots of details associated with these types of pensions, and actuaries have an important role in helping employers and policymakers understand these details. Read this blog to find out more...
McCloud, pensions dashboards and beyond! The administrators of public service pension schemes have a lot to deliver over the next few years. This blog looks at the challenges they face, as well as sharing thoughts on potential opportunities.