The European Insurance and Occupational Pensions Authority has warned of a "worrying decrease" in the funding provisions within defined benefit schemes in the UK.
In the authority's second half-yearly stability report, it said funding levels within members of the Institutions for Occupational Retirement Provision, particularly large DB schemes, have fallen to below...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.