The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has surged by nearly £322bn over the past 12 months.
The aggregate deficit on an s179 basis was £367.5bn last month, compared to £46.4bn in January 2014 – a rise of 700%. The schemes posted a small aggregate surplus as recently as December 2013. This...
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.