The total deficit of defined benefit (DB) FTSE 350 pension schemes surged 52% over a two-week period this month, according to Hymans Robertson.
Falling gilt yields alongside a dive in equity markets drove the deficit from £63bn to £96bn between 30 September and 15 October, the consultancy revealed. Typical falls in funding levels were between...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.