Active membership of defined benefit (DB) schemes has remained stable in the last year dropping by just 3.4% according to the Purple Book.
Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.
Deficits of UK defined benefit (DB) schemes rose £36bn to £264bn last month as a result of falling interest rates, figures show.
A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
Central banks are set to go indifferent directions
A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
The Smiths Group has cut contributions to the Smiths Industries Pension Scheme (SIPS) by 60% after a dramatic improvement in funding levels allowed trustees to de-risk its investments.
Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.
A new accounting standard will worsen the insolvency scores of hundreds of employers in the Pension Protection Fund, finds Stephanie Baxter
The multi sector credit market has doubled in the past three years to £96bn as schemes seek higher yields in the low return environment, according to Punter Southall Investment Consulting.