ITV's scheme deficit rose from £390m to £551m over 2012 as a falling discount rate continued to inflict pain on the broadcaster's balance sheet.
In its final results, published today, the firm said the discount rate drop had inflated the deficit by £240m, only partially offset by a reduction in inflation assumptions, £72m in recovery contributions...
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.