The funding position for private sector defined benefit schemes is £95bn worse off than this time last year, according to Pension Capital Strategies.
Figures released by PCS showed at April 30 all UK private sector DB schemes had a combined deficit of £210bn - compared with £115bn last year. For FTSE100 companies alone, the deficit ballooned from...
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