The funding gap of the Local Government Pension Scheme (LGPS) has improved by £9.2bn since 2013 but last year's difficult market conditions reduced returns to just 0.1%.
According to the 2016 annual report published today by the Scheme Advisory Board (SAB), the total actuarial deficit of the LGPS fell to £37bn as of March 2016, while the funding ratio has rose to 85.3%....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers