The combined deficit of FTSE 100 defined benefit (DB) schemes grew by more than £10bn over 2016, Barnett Waddingham research has estimated.
Legal & General Investment Management (LGIM) has signed up to the code of transparency created for the Local Government Pension Scheme (LGPS), bringing the total number of signatories to five.
The majority of defined benefit (DB a schemes remain affordable but many should do more to tackle increased deficits and reduce risk to pensioners, The Pensions Regulator (TPR) says.
The total deficit of defined benefit (DB) schemes improved marginally, latest Pension Protection Fund (PPF) data reveals.
Schemes have had a windfall gain by not hedging currency risk. Stephanie Baxter asks whether schemes should now begin to hedge to protect members
Final salary members of the AA UK defined benefit (DB) scheme are to move to a career average segment in a bid to stem the deficit.
Political uncertainty is back after the shock general election result, with the markets pricing in a softer Brexit. Watch out for the impact on sterling and gilt yields, warns Stephanie Baxter
While the government moots allowing schemes to swap indices when rules are rigid, James Phillips explores whether a new index could end the debate
Political uncertainty following the shock election result will lead to more volatility in the pound which could feed inflation, according to investment experts.
Lawmakers should not impose an arbitrary cap on the length of scheme recovery plans as this would be counter-productive according to Punter Southall's Joanne Livingstone.