Total deficits of defined benefit (DB) schemes exceeded £300bn for the first time in May reaching record levels, according to JLT Employee Benefits.
Plans to save the beleaguered Halcrow Pension Scheme have come under fire by the association representing some of its members. Kristian Brunt-Seymour reports.
A shift in longer dated gilt yields of 0.3% triggered by a Brexit could change defined benefit (DB) liabilities by £70bn according to the Society of Pension Professionals (SPP).
This week we want to know what single factor is most likely to undermine AE over the next two years.
After a solution to save the Halcrow's DB scheme was ruled illegal by the High Court, the trustees are looking at an alternative option. Kristian Brunt-Seymour looks at the case.
The total funding level of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 index rose slightly to 83% by the end of April.
PP explores the option of putting the British Steel scheme through the bulk annuity market.
Johnston Press has revealed how it cut its pension liabilities by £53m through a medically underwritten study to review assumed life expectancy of its members.
The Pensions Infrastructure Platform (PIP) has achieved £125m of investor commitments in the first close of its multi-strategy infrastructure fund.
Hymans Robertson has promoted seven employees in its pensions team to partner after reporting growth in several areas.