FTSE 100 companies had combined surpluses of £40bn in their pension funds at the end of March on an FRS17 measure, Watson Wyatt estimates.
The actuarial consultancy firm said this was the largest surplus since the firm began monitoring surpluses and deficits in UK pension funds back in 2002. It said that, while share prices fell during March,...
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.