Strong investment returns boosted the value of the Merseyside Pension Fund by more than £700m in the past year.
The £4bn scheme – which has over 49,000 active and 37,000 pensioner members – had a total return of 22.9pc against a bespoke benchmark return of 21.9pc in the year to the end of March. In the UK, the...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
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.