THE COMBINED pensions deficit of the UK's 200 largest defined benefit schemes rose by £1bn in October to £52bn, Aon Consulting says.
The consultancy firm said improved asset valuations were cancelled out by growing liabilities to keep total deficits – under accountancy standard FRS17 – around the £50bn mark for the third consecutive...
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model