The total FTSE350 pension deficit has ballooned from £163bn to £182bn in the first three months of the year, Hymans Robertson says.
The consultant said the worsening deficit was a result of falling asset values and longer term inflation concerns, offset by rising yields. It added the pension scheme will now "be a source of considerable...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.