Over the past two months, gilt yields have risen significantly with benchmark 30-year gilt yields rising from 2.96 on 1 May to 3.60 on 28 June due to expectations of the start of monetary policy normalisation and the confirmation that US Federal Reserve will reduce quantitative easing with a view to completing this in 2014.
But what effect has this rise in yields had on schemes? How have liabilities and funding levels reacted to this change? Asset liability mis-match Aon Hewitt principal and actuary Paul McGlone...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.