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...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers