The funding deficit in the BT pension scheme has grown by almost £3bn according to the latest summary funding statement.
Between 30 June 2014 and 30 June 2015 the funding shortfall increased from £7bn to nearly £10bn due to a fall in long-term interest rates which increased liabilities. This was despite positive investment...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).