UK defined benefit scheme liabilities remained at about £1.4trn at the end of July, owing to easing price inflation and tightening of corporate bond yields, research finds.
GKN has knocked £28m off its UK scheme deficit since December thanks to asset value gains arising from its asset-backed partnership arrangement.
UK - The Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.
Government should cap defined contribution scheme charges to match the existing limits on stakeholder pensions to avoid complaints about ‘mis-selling', the Workplace Retirement Income Commission says.
Wendy Mayall has joined Stamford Associates as a managing director and head of strategy after leaving the Unilever pension scheme.
The BlueSky Pension Scheme has chosen Alliance Bernstein's target date funds offering for its default fund ahead of auto-enrolment duties.
The complex Pilots appeal is back on after the case was postponed last month following a ‘backroom' settlement between one of the ports and its trustees, PP understands.
Sebastian Cheek investigates where members' money goes
Distrust and apathy will continue to act as a barrier against retirement savings ahead of auto-enrolment, according to research by Buck Consultants.
UK - Scheme buy-ins reached a record £3bn ($5bn) during the past year but the current low cost "window of opportunity" to transact may be lost when Solvency II kicks in, KPMG said.