Scheme deficits rise by 43pc in December; Pension Corporation takes on £230 Leyland scheme; GMG report highlights private equity failings
Scheme deficits rise by 43pc in December The Daily Telegraph The pension deficit of Britain's final-salary schemes now stands at £195bn, up 43 per cent on the previous month. Financial Times The...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.