Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023
Consultancy says increasing gilt yields key factor in trend of decreasing transfer values
Sponsor and trustees now assessing transferring the scheme to a third party
Sudden decline of ‘Magnificent Seven’ could see funding levels drop by as much as 11%
Takes specialist DB insurer’s total investments in port operating company to £83m
Schemes can invest in the fund through TPTIM’s fiduciary management service
Body says FRC should ‘maintain robust focus’ on sustainability in new definition
Survey finds industry has mixed views on government’s DC plans and 2025 priorities
Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%
Highest figure since March 2024 as concern raised about UK macroeconomic outlook