Clear warning signs about Carillion were evident 'several years ago', says Field
Documents published by two select committees reveal there were warning signs about construction group Carillion's position and illustrate the "chronic underfunding" of the 13 UK defined benefit (DB) schemes.
The Work and Pensions Committee (WPC) and the Business, Energy and Industrial Strategy Committee (BEISC) - which are conducting a joint inquiry into the company's demise - released the evidence from corporate...
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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…
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PPF probability of success drops to lowest ever level as reserves plummet by 16%
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.
