Smiths Group saw its deficit more than double from £199m to £459m over the six months to January, driven by a 50 basis point drop in its discount rate.
The engineering firm revealed the increases shortfall in its interim results, published today, saying the funding status of its UK plans slipped from 104% to 94% over the preceding year. The firm said...
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.