The aggregate deficit of schemes in the Pension Protection Fund 7800 index fell slightly last month from £265.6bn to £222.2bn.
Data from the PPF shows the value of combined assets for the 6,432 schemes rose 1% in February to £1041.3bn while liabilities dropped 2.6% to £1263.5 improving the aggregate funding position from 79.5%...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.