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.