Over the last year, many stood by as funding levels fluctuated, with some smiles and other times tears. However with 2014 on the horizon many will now be looking forward to what it may bring.
The value of fixed income holdings, which account for the largest proportion of scheme investments, remained high with a slight fall as summer approached. The resultant low yields brought their own issues...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.