The Home Retail Group Pension Scheme has shrunk its deficit by 70% following strong market performance and additional employer contributions.
In its full-year results, published today, the group - which operates Argos and Homebase stores - said the IAS19 valuation of its pension deficit had fallen from £24.9m to £7.5m. The company said the...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).