The UK's 5,945 defined benefit (DB) schemes have an overall funding ratio of 133% under realistic investment return assumptions, according to First Actuarial.
Despite much talk in the industry about deficits, the firm found they actually have an aggregate surplus of £358bn as of 30 September when looking at best estimate expected returns on the underlying assets...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.