The combined deficit of FTSE 350 defined benefit (DB) schemes rose by £98bn over 2016, according to Mercer data.
On 30 December, the aggregate deficit hit £137bn, on an IAS 19 basis, up from £127bn at the end of November and £39bn the previous year. The figures represent a 251% increase over the 12 months. Liabilities...
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
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British Airways (BA) will appeal a High Court decision which allowed trustees of one of its defined benefit (DB) schemes to grant a 0.2% increase to pensioners.
Helene Winch says in light of regulatory guidance, schemes focused on de-risking need to re-consider their fiduciary duty to also manage ESG risk