Higher nominal and index-linked gilt yields helped to reduce the liabilities of the PPF 7800 index by 2.7% in December 2013, according to the Pension Protection Fund's (PPF) latest update.
Fifteen-year gilts rose 21 basis points last month and were up 111 basis points year-on-year, while the FTSE ALL-Share Index increased 16.7% over the 12-month period. The aggregate deficits of the 6,150...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.