THE COMBINED FRS17 deficit of the UK's 200 largest defined benefit pension schemes rose by £1bn in October to £52bn, Aon Consulting says.
The consultancy firm said improved asset valuations were cancelled out by growing liabilities to keep total deficits around the £50bn mark for the third consecutive month. The total deficit at the...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers