Investment

The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has fallen by more than a third since the record high of £367.5bn in January.

Four unions have agreed to take strike action at Tata Steel in their ongoing dispute over pensions.

An industry-wide defined contribution (DC) scheme for maritime employers and employees will launch on 1 August, providing full access to the recently-introduced pension flexibilities.

The Railways Pension Scheme will look to partner with other pension funds as it seeks the best ways to increase its exposure to illiquid assets.

Unite members have voted to strike over Tata Steel's plan to close the British Steel pension scheme (BSPS) and make employees work five more years to get their full pension.

Transfer values have dropped by 2.2% since 31 March 2015 which underscores the volatility of transfer values during those two months says Xafinity.

PP examines how climate change risks affect pensions and what trustees can do

PwC's Jonathon Land says understanding covenant strength is vital as trustees approach tough funding discussions

The pensions industry has rejected concerns that transfer values are too stingy, although many think it is time for a new methodology.

There is no reason why small pension funds cannot do something to address the financial risks from future climate change, according to two large schemes.