Deficits are creating a drag on scheme investment returns of about 1.2% of liabilities a year, Pension Insurance Corporation research shows.
The insurance firm said this is because the assets in underfunded schemes need to work harder to keep pace with any rises in liabilities. It calculated the cost to a typical pension scheme of running...
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