Round-up - December 18
Living longer takes its toll as BT set to reveal £3bn pension deficit; Costs of pension scheme ‘will mount'; Company profits cut by new accounting methods on share plans; Hermes exposes Europe standards lag
Living longer takes its toll as BT set to reveal £3bn pension deficit The Guardian (p23) BT is expected to reveal this week that its pension deficit is now more than £3bn, up sharply from the previously...
More on Press
Latest stories
London-based employer handed £350,000 fine for pension duties failure
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS enhances fiduciary manager selection service to include re-tendering support
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
Fifth of DB schemes graded weak by TPR
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
AMX appoints SSGA as first passive funds provider
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.