Pension deficits have increased for the third consecutive month, according to data published by Mercer.
Defined benefit (DB) scheme deficits at FTSE350 schemes grew by £2bn to £113bn in May 2014, with the increase in deficits occurring despite a rise in asset values. This increase was due to a fall in...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.