UK - Rexam, the world's largest beverage can maker, has cut its global pension fund deficit by £51m to £332m.
The group’s first-half results to the end of June showed the fall reflected cash contributions of £12m into its defined benefit schemes worldwide - up from £8m in the first half of 2003 - as well as higher discount rates used to value liabilities.
The FCA and TPR have announced their joint strategy for tackling the key risks facing pensions in the next decade. Victoria Ticha explores the plan and the industry's initial reaction.
GKN has slammed Melrose for making 'misleading' comments relating to the engineering giant's two UK defined benefit (DB) schemes.
UK inflation fell to 2.7% in February 2018 from 3% a month earlier, the Office for National Statistics (ONS) has confirmed, a larger decline than analysts expected.
In the latest in a monthly series of DC columns from Newton Investment Management, Curt Custard warns investors of the possibility of further volatility in the months ahead