Deficits in defined benefit (DB) schemes have deteriorated over the last 12 months due to low gilt yields and market volatility over the summer, according to JLT Employee Benefits.
The collective deficit of all private sector DB schemes jumped by £40bn from £207bn in 2014 to £247bn as of 30 September this year, with the funding level falling from 85% to 83%. Concerns about global...
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.
LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.
The Universities Superannuation Scheme (USS) is being pressed to ignore advice from a joint expert panel, which would store up problems with "pernicious consequences" for the higher education sector.
Simon Eagle of Willis Towers Watson says that, based on his work for Royal Mail, well-designed collective defined contribution (CDC) funds would be viable for some other UK employers too.