ONE-third of private sector defined benefit schemes are still open to new employees, new figures from the National Association of Pension Funds show.
Results from its annual survey found more than half of people saving in a private sector DB pension belong to schemes that are still open to new members. NAPF chief executive Joanne Segars said: “Because...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.
Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.