RISING life expectancy has added £30bn to UK pension scheme liabilities in just two years, analysis by accountant KPMG reveals.
FTSE100 companies added £25bn to their balance sheets during 2005 and 2006. The current deficit of FTSE100 schemes is £25bn, so had life expectancy remained the same as 2004, they would be fully funded....
Richard Wohanka is to chair The Pension Superfund's trustee board, working alongside professional firm 2020 Trustees to safeguard members' benefits.
Four people behind a £13.7m cold-calling scam which cost 245 people their savings have been banned from being pension scheme trustees by The Pensions Regulator (TPR).
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).