BA warns further deficit increases could affect capital raising ability - UPDATED
British Airways has told investors additional increases in its pension deficit could affect its ability to raise additional funds.
In its preliminary results for the 12 months ended March 31, released this morning, the airline said any further deterioration in financial markets could increase its pension deficit - a move, it said,...
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Life expectancy improvements grind to a halt; Number of people aged over 90 hits record high
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
ONS: Pension fund payments £2.6bn more than contributions received in Q2
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
PLSA announces 17-person line-up for inaugural policy board
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.