Defined benefit schemes experienced an increase of more than £170bn in total deficits in 2009, marking the worst year on record, Pension Capital Strategies says.
PCS estimated all UK private sector pension schemes had a deficit of £212bn as at December 31, representing a funding level of 81%. The firm said this compares with a £37bn deficit in the previous year,...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.