Private sector pension deficits have stabilised as markets show resilience, but are still more than double what they were 12 months ago.
According to JLT Employee Benefits' monthly update, the total deficit of all DB schemes has fallen from £434bn at the end of 2016 with a funding level of 77%, to £270bn on 28 February with a funding level...
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.