The Marks & Spencer pension scheme's net surplus has grown from £168.5m to £221.2m over the last six months, driven by asset performance.
In its half yearly report, the retailer said the value of scheme assets increased by £326.8m between April and October. These gains were offset by a £274.4m increase in liabilities caused by a decrease...
“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.