Discount rate assumptions used to calculate scheme deficits vary by up to 0.2 percentage points, a difference that could significantly increase liabilities, a survey shows.
Actuarial firm Barnett Waddingham said of the 42 FTSE100 firms which reported at December 31, the majority used a discount rate of 4.8pc to calculate liabilities. However eight used a rate of 4.7pc...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.