The Universities Superannuation Scheme's funding level dropped by 29 percentage points due to losses on investments, and increases in salaries and pensions, its 2009 accounts reveal.
The trustee company - which runs the scheme - said at March 31 the funding level had fallen to 74% from 103% the previous year. The report said the decrease reflected the fund's actual investment performance...
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?