A QUARTER of FTSE250 companies could pay off their pension deficits within a year if they slashed dividends and other payments, new research claims.
A study of 105 firms by accountancy giant KPMG found that 25pc would be able to clear deficits from discretionary cash flow – a company’s disposable income – within a year and a further 49pc would be able...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.