Rallying growth assets may have enabled defined benefit (DB) schemes to reach fully-funded on a section 179 basis in the first half of May, according to BlackRock.
Thanks to a combination of rising UK gilt yields, positive momentum for developed market equities, strong US data and a weaker sterling, the Pension Protection Fund's (PPF) 7800 Index may have hit 100%...
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019