UK - The Bank of England has restarted contributions of 10% into its £1.85bn pension fund after revealing a deficit of £205m.
The bank’s annual report showed that in the year ending February 28, investments in equities fell from £1.2bn to £958m mostly due to falls in equity markets.
The actuarial review in February last year showed the fund had a surplus of £145m.
The scheme has 14,369 active, deferred 4672 and 7543 pensioner members.
Here it is... The video of all the highlights from last night's UK Pensions Awards.
Here they are...all the pictures from the UK Pensions Awards 2019.
This week's top stories included The Pensions Regulator criticising Sir Philip Green's latest plans for the Arcadia pension schemes.
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.