UK defined benefit schemes ended 2015 with an aggregate deficit of £228bn after another difficult year, according to research from JLT Employee Benefits.
Martin Boniface has been made executive director at JLT Employee Benefits and will be responsible for running the trustee and corporate consulting arm of the business.
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Deficits of UK defined benefit (DB) schemes rose £36bn to £264bn last month as a result of falling interest rates, figures show.
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Charlotte Moore looks at whether auto-escalation could be used to boost retirement savings
Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.
Changing from EET to TEE will be a short term, not a long term tax solution, says National Institute of Economic and Social Research (NIESR).
Canada Life has completed its first ever bulk annuity transaction - completing a £5m pensioner buyout with Oundle School.
Premier has adopted the web based platform PFaroe designed by RiskFirst to allow trustees and sponsors to get real time data on their schemes.