The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn - topping the £100bn for the first time ever, Aon Consulting's Aon200 index reveals.
UK - The aggregate pensions accounting deficit for the 200 largest UK pension schemes has ballooned to £103bn (US$166bn) - topping the £100bn mark for the first time ever, Aon Consulting's Aon200 index revealed.
Firms still sick on pensions; Future Fund in toll bid talks with Canadians
The "vast majority" of schemes will pay more levy under rules laid down by the Pension Protection Fund last week, the National Association of Pension Funds says.
Police are investigating alleged fraudulent activity by former Rowanmoor Pensions joint managing director David Seaton, who died in September.
The Accountancy and Actuarial Discipline Board has launched an investigation into the conduct of an accountant in connection with matters related to the financial statements of Equitable Life Assurance Society in 1999.
If you would like to participate in the 2010 cycle of the PensionDCisions Sponsor Survey - published in association with Professional Pensions - now is your last chance to be involved.
Longevity hedge market growth in 2010 will depend on accurate risk pricing by schemes, Club Vita says.
Watson Wyatt has hired Paul Herbert from Hewitt Associates to its expand its defined contribution investment team.
Great-West Retirement Services (Europe) has withdrawn from the competitive dialogue process for personal account scheme administration services.