UK - The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn ($33.7bn) at the end of December.
The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn at the end of December last year.
Allowing members to pay the annual allowance charge from their pension pot could be "chaos" without clear guidance on the process, Sackers says.
The Bank of England must increase interest rates this week to protect pensioners from the effects of high inflation, Ros Altmann says.
Employers are being warned there are only 90 days left before changes to pensions taxation are implemented on 6 April.
Trustees might have run out of time to notify members and sponsoring employers of allowing future surplus payments to employers under section 251, lawyers say.
Sebastian Cheek talks to Tony Broccardo, chief investment officer of the Barclays UK Retirement Fund, about the success of its Oak Pensions Asset Management spin-off
Sebastian Cheek says s251 extension confirmation is essential for trustees
The Barclays UK Retirement Fund has no intention of managing third party money despite launching its own asset management arm, its chief financial officer says.
The Pensions Trust's Stephen Nichols explains why DC really is worse for members