The deficit of the aggregated pension funds of the FTSE100 has almost doubled from this time last year when measured on an "economic basis", Redington Partners says.
The consultant said the deficit stood at £124bn at the end of March, last year, but had worsened to £245bn at the end of March, this year. It said the economic basis discounts the liabilities using the...
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.