Scottish companies have seen deficits in their defined benefit (DB) pension schemes increase from £3.2bn to £6bn over the past year, according to a report.
Hymans Robertson research suggested the main reason for the surge in scheme deficits was the fall in corporate bond yields used to place value on pension liabilities. Partner Calum Cooper said: "The...
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.