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 British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.