Engineering firm Babcock International Group has seen a six-month £212m spike in its defined benefit (DB) deficit despite using a higher discount rate, its half year report shows.
The company said its IAS19 deficit hit £382m at the end of September this year, up from £261m at the end of March. The deficit has been volatile over the last year. The end of September figure is only...
The pensions dashboard is due to launch next year but is now at risk of delay. As the industry awaits the DWP's feasibility study, Stephanie Baxter looks at some of the outstanding issues
This week's top stories include Heathrow Airport's defined benefit plan completing a £325m buy-in with Legal & General, and gig economy workers getting a renewed boost to their right to join a workplace pension.
Research finds passive funds are to increase in usage by 6% per annum at least until the end of the decade. James Phillips explores the reasons behind the increasing shift
Punter Southall Aspire has obtained the master trust assurance framework (MAF) accreditation for its Aspire Savings Trust.