The combined deficit of defined benefit (DB) schemes increased by £29.2bn over December to £223.9bn according to the Pension Protection Fund's (PPF) latest update.
In the lifeboat fund's 7800 index, liabilities outpaced the growth in scheme assets as the funding ratio worsened from 88.1% at the end of November to 86.8% by the end of the year. The figures contrast...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
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