The combined deficit of Coats Group's three defined benefit (DB) schemes rose by £181m over 2016, according to its annual financial report.
As of 31 December, the schemes had an aggregate deficit of £467m on the IAS 19 accounting measure, up 67% from £286m on the same date in 2015. The company said the increase was driven by a 110 basis...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.