Combined UK defined benefit deficits improved by £5bn to total £265bn at the end of January, latest figures from the Pension Protection Fund show.
The figures, collated in the PPF7800 Index monitoring more than 6,000 UK DB schemes, show the total deficit of schemes at £265.5bn. This is up from £270.8bn at the end of December 2011 - one of the largest...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.