Royal Mail's pension fund deficit has more than doubled to £6.8bn in the past 12 months in accounting terms, company results show.
The results also said the actuarial valuation is also likely to have increased significantly when it is revalued later this year. The company said cashflow was negative - with an outflow of £373m. This...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.