The combined deficit of defined benefit (DB) schemes increased by £29.2bn over December to £223.9bn according to the Pension Protection Fund's (PPF) latest update.
In the lifeboat fund's 7800 index, liabilities outpaced the growth in scheme assets as the funding ratio worsened from 88.1% at the end of November to 86.8% by the end of the year. The figures contrast...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.