SCHEMES withdrew more than £11bn from UK company securities last year, latest figures from the Office of National Statistics show.
ONS data reveals schemes invested £10.7bn in short-term assets, £9.6bn in British government sterling securities, £8.5bn in overseas securities and £13.8bn in all other assets in 2006. But schemes withdrew...
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.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.