The number of defined benefit (DB) schemes in the private sector which close to accrual will surge over the next year according to a survey from Aon Hewitt.
The firm said the proportion of schemes closed completed could go from 50% to 60%. This is as depressed bond yields, the end of contracting out in April 2016 and spiking national insurance (NI) bills...
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.