The defined benefit (DB) pension scheme deficit of FTSE 350 retailers has grown 30% in the past year, according to the latest figures.
This mirrors a similar pattern of spiralling deficits across private sector DB as a whole, with schemes suffering a 70% surge in deficits since last year. The data from JLT Employee Benefits (JLT EB)...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.
The Pensions Regulator (TPR) has seconded staff from other national watchdogs as it rolls out the master trust authorisation and supervision regime, Lesley Titcomb has revealed.