The number of the UK's leading firms offering diversified growth funds as an option in their defined contribution pension schemes has increased by more than 50% over the past 12 months, according to Towers Watson.
Rules which aim to give investors taking out a pension or life insurance policy a realistic indication of potential future returns have been published for consultation today by the Financial Services Authority.
The number of UK companies offering flexible benefit plans to employees is on the increase as firms recognise the current economic climate and employees are given more responsibility for their own benefit provision, Aon Hewitt said today.
The insurance industry should consider atmospheric and remote influences as well as sea surface temperature when modelling hurricane risk, the Met Office said today.
