The funding level of defined benefit (DB) schemes improved by five percentage points in March on the back of a reduction in mortality improvements, JLT Employee Benefits has estimated.
At the end of March, the combined deficit of all UK schemes was £172bn on the IAS 19 accounting measure, down from £270bn at the end of February, according to the firm's monthly tracker. Liabilities sat...
A panel at this year's Trustee Senate discussed strains in the DB system and what can be done about them. Michael Klimes reports
The pension freedoms have had unintended consequences which should have been foreseen, Michael Johnson has said.
Respondents say there has been some success with automatic enrolment (AE) but members are still not saving enough.
This week's top stories include The Pensions Regulator barring three trusteeships, and the Competition and Markets Authority's investigation of investment consultants and fiduciary managers.