Deficits at Britain's top 200 pension schemes increased by £17bn in a week due to turbulence in global financial markets, Aon Consulting claims.
Its analysis showed that at close of business on Monday, the combined deficit for the 200 largest UK pension schemes was £51bn – with FTSE100 deficits standing at £41bn. Shortfalls were £34bn and £26bn...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.