A rise in equities failed to halt increasing deficits at the UK's biggest companies as corporate bond yields took a negative turn, research from Mercer shows.
In the consultant's monthly Pensions Risk Survey, it found a 6.6% rise in the FTSE index failed to stop a £3bn rise in deficits at FTSE350 companies. The FTSE rise saw total asset values hit £557bn...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.