Britain's biggest firms have seen pension deficits drop by £24bn since the middle of August.
Latest research by Mercer shows deficits in FTSE100 schemes fell from £30bn in mid-August to just £6bn at the end of September, while deficits at FTSE350 firms stood at £8bn at September 30. It said...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.