Deficits at the UK's biggest schemes rose more than 20% in January despite big gains on the stock market, according to research from Mercer.
The consultant's Pension Risk Survey found the aggregate deficit across FTSE350 schemes rose from £62bn to £75bn on an IAS19 basis, leaving a funding ratio of 88%. Liabilities increased from £588bn to...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.