Defined benefit pension schemes should be braced for a year of low funding ratios, weaker returns, and more volatility against an uncertain economic backdrop, according to BlackRock.
These are among the top five challenges facing trustees next year, according to the asset manager. Here is the list in full: 1) Low funding ratios It has been a pretty bad year overall for pension...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.