John Lewis Partnership has announced the deficit of its UK defined benefit (DB) scheme has plummeted by £361m since its 2013 valuation.
The agreed actuarial deficit was £479m at its 31 March 2016 triennial valuation, details of which were published on 27 January. This is compared to £840m at the 31 March 2013 valuation. The partnership,...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.