The BT Pension Scheme has seen its defined benefit deficit more than double to £5.7bn as discount rate falls pushed up liabilities, its final year results show.
The accounts, released late last week, showed the telecoms provider's main pension scheme's liabilities rose by more than £6bn in the year ending 31 March 2013. Liabilities have now reached £47bn on an...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.