Up £2,000 from final 2016 figure
The trustees of GKN Group's schemes have warned Melrose Industries about the pension funding position, following a bid to take over the business.
Unions have criticised the University of Southampton for planning to close its lower-tiered earners' defined benefit (DB) pension scheme while paying its vice-chancellor over £400,000 a year.
The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.
Carillion has filed for compulsory liquidation after emergency talks with its lenders and the government failed to reach a deal that would save the company.
The Tax Incentivised Savings Association (TISA) will not be pursuing plans to provide a defined benefit (DB) transfer guidance service, it has confirmed to PP.
Concerns over the potential imminent collapse of construction group Carillion has led to crisis talks over its 13 UK defined benefit (DB) schemes, according to reports.
Retired households are increasingly relying on private pension provision for income, but there is a huge gap between the rich and the poor, Office for National Statistics (ONS) show.
The combined defined benefit (DB) deficit increased by £16.2bn over December to £103.8bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.
The Plumbing and Mechanical Services (UK) Industry Pension Scheme has temporarily banned any of its sponsoring employers from leaving the scheme.
Bob Campion explains why he believes the consolidation of smaller schemes will not work and looks at the alternatives
All private sector defined benefit (DB) schemes will have at least closed to accrual by 2028, according to this week's Pensions Buzz respondents.
Five in six schemes are potentially at higher risk because they do not have formal contingency plans in place, according to research by Barnett Waddingham.
In this week's Pensions Buzz we want to know if you think there will be any private sector defined benefit schemes still open to accrual within a decade.
Just 19 companies in the FTSE 100 provide DB benefits that incur ongoing service costs of more than 5% of total payroll, according to research by JLT Employee Benefits.
Defined benefit (DB) schemes ended 2017 with a much-enhanced funding position than at the start of the year, JLT Employee Benefits has recorded.
The Pension Protection Fund (PPF) has reached a settlement with Toys R Us - a move that has paved the way for an agreement to be reached on the firm's Company Voluntary Arrangement (CVA).
Calum Cooper says 2018 should be the year when the pensions industry puts members first, but we won't get there by chance
All 6,000 UK schemes had a surplus of £358bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Negotiations on the future of pensions for university staff have been extended until 23 January 2018.
Lloyds Banking Group has outsourced the administration, actuarial and documentation services it provides to its Scottish Widows and Clerical Medical final salary pension clients to JLT Benefit Solutions.
The Pension Protection Fund has confirmed its levy determination for 2018/19 - fixing the levy estimate at £550m.
Some 88% of active defined contribution (DC) members remain in the default fund, latest Pension and Lifetime Savings Association (PLSA) research reveals.