Some of the country's largest firms are ignoring the threat of increased member longevity and have failed to increase their assumptions, analysis of accounts reveals.
Longevity analysis firm Club Vita scrutinised the 2010 annual accounts of 118 FTSE350 companies with defined benefit pension schemes. It found 57 of these had not increased their longevity assumptions...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.