Defined benefit schemes have an aggregated surplus of £44bn, latest figures from the Pension Protection Fund show.
The PPF 7800 Solvency Index for September reveals the aggregate funding position of almost 7800 schemes increased from a surplus of £27bn in August. The figures also confirmed the total deficit of...
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.