DEFINED benefit pension schemes reached an aggregate deficit of £194.5bn in December 2008, figures from the Office for National Statistics reveal.
Based on analysis from the Pension Protection Fund's 7800 index, which analyses the pension funding status of more than 7800 UK companies with DB schemes, the findings show high levels of volatility in...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).