Unilever's scheme deficit rose by €500m in 2012 due to falling discount rates and a 33% fall in the value of its assets.
Its net pension deficit rose from €3.2 in 2011 to €3.7bn in December last year. Asset values fell from €1,003m to €672m (33%) while liabilities increased by €125m to €4,331m (3%) due to a fall in discount...
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
ITM director Maurice Titley looks at the next steps schemes should take on GMP equalisation.
Schemes are too focused on outcomes when assessing governance, when this may be a result of circumstance not skill. James Phillips looks at whether governance needs more of a framework.
The average pension scheme trustee chairperson earned just over £47,000 last year, with women being paid nearly £5,000 more than men, according to a report from Winmark and Barnett Waddingham.