Total deficits of UK defined benefit (DB) schemes reached an all-time high of £341bn by the end of June amid uncertainty over Brexit, according to JLT Employee Benefits.
FTSE100 companies overall scheme deficits have reduced by over £15bn according to Barnett Waddingham's annual Accounting for Pension Costs by FTSE100 Companies report.
Majority of respondents urge against introducing mandatory time limit on recovery plans according to PP research.
In this week's Pensions Buzz we want to know if there should be a mandatory limit on recovery plans for DB schemes and how long for.
Fears of deflation have been exaggerated since the 2008 financial crisis according to former Bank of England (BoE) monetary policy committee member Andrew Sentance.
Deficits in all private UK defined benefit (DB) schemes worsened in March amid low interest rates and a worsening economic outlook.
There would be little to gain from Britain leaving the EU, according to a paper from BlackRock Investment Institute (BII).
Total funding levels of defined benefit (DB) pension schemes have improved since January despite volatile markets and low interest rates, according to JLT Employee Benefits.
Third consecutive month of increases
Total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 increased by more than a third over last month against a backdrop of falling gilt yields.