NEARLY a third of charities with final-salary schemes have deficits greater than reserves, research indicates.
A joint survey by First Actuarial and Chantrey Vellacott DFK revealed that 32pc of charities with final-salary pensions had deficits that surpassed current funds. A further 18pc had deficits of more than...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.