Babcock International saw its pension deficit rise by £40m to £266m over the year to the end of March, driven principally by a fall in discount rate applied to liabilities.
The engineering firm said in its final results, published today, that the scheme would receive £93m in cash contributions this year, with £56m of this to cover the cost of future accrual. It said that...
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
On balance the asset class is well-positioned for 2019, according to Eaton Vance