The funding deficit of defined benefit (DB) schemes dropped almost 30% to £194.7bn over November, according to the Pension Protection Fund's (PPF) latest update.
The lifeboat fund's 7800 index revealed a £81.2bn fall in the combined deficit from the previous month - driven by rising gilt yields, as well the impact of changes to actuarial assumptions and the new...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.