Private sector defined benefit (DB) schemes have seen their combined deficits rise 70% in the past 12 months, according to research.
The data from JLT Employee Benefits (JLT EB) found deficits were £289bn on an IAS19 basis at the end of January, compared to £170bn at the same time in 2014. A breakdown of the figures also revealed...
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.