FTSE350 defined benefit deficits have risen 11% over November but funding ratios remains stagnant at 90%, a Mercer survey shows.
Deficits rose from £55bn to £61bn over the month, as liabilities rose by £10bn to £585 partially offset by a £4bn asset rise to £524bn. The deficit is the same as at the end of 2011 where the funding...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.