DB funding deficit remains stable over September

The collective deficit of defined benefit (DB) schemes remained at £460bn from the end of August to the end of September, according to PwC's Skyval index.
The measure, which tracks roughly 5,800 schemes, revealed assets decreased from £1.6trn to £1.5trn by the end of September, while liabilities remained the same at £2trn. Funding levels fell slightly,...
More on Defined Benefit
Covid restrictions lead Mitchells & Butlers to defer £13m of contributions
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
BA defers £450m of DRCs after 'swift and severe' pandemic closures
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
DB transfer complaints to ombudsman jump 44% in 2020
Jump from 554 in 2019
Plumbing Pensions reports 99% funding level as governance review poses 'watershed moment'
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
Tender watch: Enfield appoints Aon for investment consultancy
Professional Pensions rounds up some of the latest tender awards from across the industry.