Bleak figures reveal the gulf between public and private sector pensions continues to grow with 83% of government workers enrolled compared with just 33% of private sector employees.
Figures from the Office for National Statistics also showed just under half of all employees (48%) belonged to a workplace pension scheme - the lowest figure since 1997. Nearly half (49%) of employees...
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.