FTSE100 companies overall scheme deficits have reduced by over £15bn according to Barnett Waddingham's annual Accounting for Pension Costs by FTSE100 Companies report.
The report showed that while assets were at lower levels in comparison with last year higher discount rates helped reduce the deficit. The report focused on the assumptions adopted by FTSE100 companies...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.