Defined benefit scheme deficits stood at £402bn at the end of last year, based on company accounting rules, Xafinity analysis shows.
The total deficit was an increase of £50bn on the same time last year, when the shortfall stood at £352bn. The consultant said liabilities rose by £101bn - but this was offset by £51bn growth in the...
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
ITM director Maurice Titley looks at the next steps schemes should take on GMP equalisation.
Schemes are too focused on outcomes when assessing governance, when this may be a result of circumstance not skill. James Phillips looks at whether governance needs more of a framework.