Defined benefit (DB) schemes' deficits have fallen on average over 2013 and funding levels have remained high, JLT Employee Benefits (JLT EB) figures show.
According to the consultancy's estimates, the aggregate deficit, on an IAS19 basis, of all UK private sector DB schemes fell from £172bn at 31 December 2012 to £150bn one year later. Funding levels...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.