Deficits in UK defined benefit schemes remained at "eye-watering" levels in May and are more than 50% higher than they were this time last year, according to JLT Employee Benefits.
The firm's monthly update on funding levels, found schemes were on average 83% funded on an accounting basis, and a had a combined deficit of £259bn. The deficit was down a fraction of last month when...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.