The total deficit of FTSE100 pension schemes decreased to £66bn in the third quarter, Pensions Capital Strategies analysis shows.
The consultant said the position was a marked improvement from a year ago, with an £8bn deficit reduction. PCS said there had been a significant increase in pension scheme funding at a time when blue...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.