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...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.