UK - Defined benefit pension funds are £300m (US$463m) in surplus for the first time since June 2008, Pension Protection Fund figures revealed.
The lifeboat fund said the aggregate funding position - total assets minus total liabilities - of almost 7,400 DB funds improved to the small surplus at the end of March from a deficit of £15.1bn four...
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.
A second employer has been appointed to stabilise the National Institute of Agricultural Botany (NIAB) pension scheme after intervention from The Pensions Regulator (TPR) when trustees failed to agree a valuation in 2015.