The aggregate funding position of the 7800 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £190.6bn in January.
The deficit stood at £194.5bn at the end of December, last year. However, scheme funding is worse than it was a year ago when there was a deficit of £48.8bn in January 2008. The total deficit of schemes...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point