Defined benefit (DB) schemes increased their surplus over February when using realistic investment return assumptions, according to First Actuarial.
Under the firm's index, which uses best estimate expected returns on underlying assets, the combined surplus of the UK's 5,794 DB schemes grew by £13bn to £288bn last month. In the same period, assets...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).