UK private sector scheme funding levels have fallen from 93% to 85% over the last year, leading to difficulties for firms with triennial valuations due, says JLT Pension Capital Strategies.
The firm's monthly index shows that combined assets for UK defined benefit scheme stood at just over £1trn at the end of April while liabilities had grown to £1.18trn, leaving a shortfall of £172bn on...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.