Contribution rates for the Merseyside Pension Fund will increase to 18.1% after the scheme's triennial valuation revealed a 2 percentage point drop in funding levels.
The scheme’s latest triennial valuation saw it drop from 80% to 78% funded, leading to an average contribution hike for employers of 0.3 percentage points, from 17.8% to 18.1%. Yet, despite this, the...
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.