FTSE350 pension scheme deficits remained "stubbornly high" during January, hovering just above a combined shortfall of £80bn, data from Mercer shows.
The consultant's Pensions Risk Survey found the aggregate FTSE350 IAS19 defined benefit deficit was £83bn (equivalent to a funding ratio of 85%) at the end of January, compared to £84bn at 31 December,...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point