FTSE 350 scheme deficits rose by a modest £3bn over September after months of significant growth, which saw them almost triple since February.
Defined benefit (DB) deficits of the UK's 350 largest companies' hit £210bn on an IAS 19 accounting basis on 30 September, according to JLT Employee Benefits. This is compared to £207bn at the end of August....
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.