
Scheme funding levels worsen in June
SCHEME funding levels plummeted in June, latest data from Aon and Watson Wyatt reveals.
The Aon200 Index – which tracks the surplus or deficit of the 200 largest UK privately-sponsored pension final salary schemes – revealed the aggregate pension scheme deficit deteriorated by £36bn in June...
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Latest issue - 26 April
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Failure to legislate for default pension guidance 'leaves bitter taste'
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Govt 'should double' tax exemption on employer pension advice
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
European investor confidence climbs as risk appetite growth prevails
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.