Volatility in global equities and falling corporate bond yields in the last two weeks of June cancelled out much of the growth achieved by schemes over the past six months, Mercer says.
The aggregate FTSE350 IAS19 pension deficit stood at about £85bn at 30 June, the same level as the previous quarter. The consultant's quarterly Pension Risk Update report said over Q2 to mid-June...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
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.