Defined benefit schemes experienced an increase of more than £170bn in total deficits in 2009, marking the worst year on record, Pension Capital Strategies says.

UK - Defined benefit schemes experienced an increase of more than £170bn (US$275.2bn) in total deficits in 2009, marking the worst year on record, Pension Capital Strategies said.

A special commission has been launched to find a solution to the £1.1trn problem of unfunded liabilities in public sector pensions.

UK - A special commission has been launched to find a solution to the £1.1trn (US$1.6trn) problem of unfunded liabilities in public sector pensions.

Data must be fit for purpose on an ongoing basis as opposed to simply fit for certain event-driven activities, Xafinity Consulting says.

SEI has teamed up with RiskMetrics Group to provide independent risk management and reporting services to clients.

British Airways has reached a provisional deal with trustees over the level of its pension scheme deficits.

UK - British Airways has reached a provisional deal with trustees over the level of its pension scheme deficits.

One in four employers have reduced their benefit costs by implementing a flexible benefits scheme, Mercer says.

The Pensions Regulator has highlighted the risks that transfer incentive exercises pose to members and will be putting them under greater scrutiny.