Defined benefit pension schemes wiped £93bn off their combined deficits in the last 12 months but the demise of final salary arrangements will not cease, JLT Pension Capital Strategies say.
The combined deficit of FTSE100 and FTSE350 companies stood at £63bn at the end of March this year- it hit £156bn in March 2010. Managing director Charles Cowling (pictured) said: "Despite the recent...
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
On balance the asset class is well-positioned for 2019, according to Eaton Vance