Deficits of defined benefit (DB) pension schemes have worsened year on year as a result of critically low bond yields, according to JLT Employee Benefits' monthly index.
The collective deficit of the FTSE 100 companies increased to £72bn up to 30 November from £65bn last year. This meant funding levels dropped to 88% from 89%. Liabilities rose from £567bn to £613bn, while...
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.