The annual cost of unfunded public sector schemes has increased since the introduction of the Hutton reforms according to figures from the Office for Budget Responsibility.
This year's Budget report forecasts a £10.5bn cashflow shortfall for the schemes in 2012-13, a third higher than predicted in the 2011 budget report. The difference between projections from 2011, before...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.