Combined pension fund deficits on the balance sheets of the UK's top 100 companies are estimated to have hit £70bn, Towers Perrin says.
The consultant said during the past 12 months deficits of the FTSE100 companies had varied from a small surplus to a deficit of £70bn - demonstrating the high levels of volatility that defined benefit...
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.