The combined defined benefit (DB) deficit decreased by £52.8bn over January to £51.0bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
The Pensions Policy Institute has published a report looking at potential outcomes of increasing auto-enrollment contributions. Kim Kaveh explores the data.
Engineering giant GKN has warned the proposed £7.4bn takeover by Melrose Industries could increase its pensions deficit.
Total of £15.7bn accessed flexibly
The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.
The UK's defined benefit (DB) pension schemes were 129% funded on a 'best estimate' basis on 31 December 2017, according to First Actuarial.
Retired households are increasingly relying on private pension provision for income, but there is a huge gap between the rich and the poor, Office for National Statistics (ONS) show.
The combined defined benefit (DB) deficit increased by £16.2bn over December to £103.8bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
Esther McVey has been appointed secretary of state for work and pensions in a major promotion for the MP.
UK equities closed the year at an all-time high, putting the seal on a good year for the stock market, according to S&P Dow Jones.