Company pension deficits shrink; Trinity Mirror launches £175m buy-back; King set for second term at Bank as Brown puts stability first; Taxpayers' backing for Rock hits £50bn; Tax Dept. loses 6,500 pension records
Company pension deficits shrink Financial Times (FTCM p 18) Deficits at UK pension schemes have fallen during the past year, thanks to strong equities markets, higher interest rates and substantial company...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.