Department store John Lewis has cut more than £330m from its defined benefit deficit this year, half year results reveal.
The firm has taken a series of measures in an attempt to reduce its shortfall, which stood at £904.6m at the end of 2009. In February, John Lewis entered into a Pension Funding Partnership with its...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.