Defined benefit (DB) scheme deficits are down £51.2bn despite falling assets, research from the Pension Protection Fund (PPF) shows.
The monthly PPF7800 index showed the aggregated deficit for 6,316 schemes, on an s179 basis, fell to £134bn from £185.5bn over June. In May deficits fell by over a quarter as the yield rise started...
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More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'