Research from Hymans Robertson shows that IAS19 deficits rose from £67bn to £115bn for FTSE350 companies in the year up to July 2012.
The report says this is due to the narrowing of bond yields and warns that deficits will be even higher next year, especially for firms with "significant levels of un-hedged liabilities". FTSE350 companies...
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
This week's top stories include an article on climate activists from Extinction Rebellion crashing the PLSA's local authority conference, and an in-depth piece on the Court of Appeal's ruling on the BIC UK Pension Scheme case.
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled