Investment

Coca-Cola HBC, Whitbread and GKN are among the ten FTSE 100 pension schemes with the worst funding levels, according to a report.

Trustees of the MG Rover senior pension scheme have reached an £8m settlement with the sponsor, avoiding the scheme being wound up into the Pension Protection Fund (PPF).

Tesco Group's net pension deficit after tax increased 30% over eight months to £3.4bn in August, according to the company's interim results.

Scheme sponsors may have overspent on buyout contracts as a result of irregular mortality data, the Pensions Institute (PI) has warned.

Members of the Universities Superannuation Scheme (USS) are campaigning for the fund's investment policy to reflect their ethical views.

The shakeup coming to pensions in April 2015 has given trustees of defined contribution (DC) schemes a lot to think about. High on the list of concerns is what to do with their investment strategies.

PwC has signed up the majority of insurers involved in the bulk annuity market to its Skyval Insure platform in a bid to make pricing easier for corporates and trustees.

Transfers from defined benefit (DB) to defined contribution (DC) schemes as a result of changes introduced in the Budget could cut £15bn from FTSE 350 scheme liabilities, says Hymans Robertson.

The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.

Plummeting bond yields have contributed to a £70bn increase in FTSE350 liabilities since the end of last year and a £20bn increase in deficits, Towers Watson warns.