The combined funding level of the UK's defined benefit (DB) schemes stayed stable over April with just a £10bn increase in deficit, JLT Employee Benefits has estimated.
At the end of last month, the aggregate deficit for all UK private sector DB schemes was £182bn on the IAS 19 accounting measure, the consultancy calculated. Liabilities remained largely unmoved at £1.8trn,...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
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…