Pension scheme deficits have failed to improve despite significant rises in equity markets, latest research reveals.
Aon Consulting said the deficit of the 200 largest privately sponsored defined benefit schemes was £72.8bn at the end of July - down from £73.3bn at the end of June. The consultant said equity markets...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.