UK - Aggregate deficits of schemes monitored by the Pension Protection Fund worsened last month, increasing to £67.3bn ($109bn) from £8.3bn at the end of June.
It means the funding ratio for the 6,533 schemes in the PPF 7800 Index fell from 99.2% to 93.7%, with total assets at £1001.4bn and liabilities at £1068.7bn. Out of these, 4,684 schemes were in deficit...
UK - Government plans to cut a subsidy boosting the appeal of solar panel infrastructure investments could scupper scheme plans to use these investments as part of their liability matching strategies, fund managers say.
UK - Aegon is to close its defined benefit pension scheme to future accrual in March 2013 as part of its restructure and cost saving programme.
UK - The Pension Protection Fund has published its annual report - revealing a surplus of £678m ($1.1bn) at 31 March.
UK - Schemes looking to maximise returns in a low interest rate environment must work closely with investment banks to boost member outcomes, Barclays chief executive Bob Diamond says.
UK -More than 40% of firms have closed or are in the process of closing their defined benefit pension schemes, latest research from Aon Hewitt shows.