THE aggregate funding position of the 7800 defined benefit schemes monitored by the Pension Protection Fund worsened to a £24.1bn deficit at the end of July, latest figures reveal.
The PPF 7800 index shows the position worsened from a surplus of £8.3bn at the end of June. The lifeboat fund said scheme funding is worse than it was a year previously, in July 2007 there was a surplus...
This week's Pensions Buzz respondents were mostly in agreement that 10 weeks is an appropriate length of time to conduct a full DB to DC transfer.
In this week's Pensions Buzz, we want to know if you think Guy Opperman will stay in post as pensions and financial inclusion minister under the new prime minister.
The City and County of Swansea Local Government Pension Scheme (LGPS) will swap around a quarter of its assets to a low-carbon fund by the end of the month, it has announced.