The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.
Henry Tapper says the Lloyds GMP ruling will see little benefit for members but profound fees to administrators.
Thousands of defined benefit (DB) schemes will be forced to amend their scheme rules and equalise guaranteed minimum pensions (GMPs) between men and women, the High Court has ruled.
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).
With the High Court's judgment expected imminently, Victoria Ticha examines the possible outcomes and what it could mean for schemes
The defined benefit (DB) pension schemes of Lloyds Banking Group saw their combined accounting surplus grow by £954m over the first six months of 2018.
This week's top stories included coverage of the Court of Appeal's judgment in the latest instalment of British Airways' five-year battle with its trustees.
A potentially landmark case has been launched in the High Court as Lloyds Bank seeks guidance on how to address equalisation of guaranteed minimum pensions (GMPs).
Lloyds Banking Group has sold its remaining stake in Standard Life Aberdeen following a decision to withdraw £109bn of assets managed by the firm for Scottish Widows.