More than a third of defined benefit schemes have recovery plans that exceed the ten-year limit set out in guidance from the regulator, research finds.
The Pension Scheme Trustee Confidence Survey 2012 conducted by Baker Tilly found that a quarter of those schemes had recovery plans of between 11 and 15 years, while one in ten had plans that exceeded...
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.