There has been a persistent fall in defined benefit (DB) pension scheme deficits over the past quarter, according to official data.
The latest figures from the Pension Protection Fund's (PPF) 7800 Index showed funding gaps were down 7.5% on a month-on-month basis in June to £223.1bn. In May, the aggregate deficit on an s179 basis...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.