More than half (55%) of defined benefit (DB) schemes are now cashflow negative, yet many do not have formal de-risking plans, according to research.
The figure is up 13 percentage points from last year, while almost all (85%) of the remaining 45% of schemes will also be cashflow negative by 2027. Just over two in five (43%) of these schemes will go...
The trustees of GKN Group's Pension schemes have warned Melrose Industries about its recent the pension funding position, following a bid to take over its the business.
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
Just and the International Longevity Centre (ILC) UK have joined forces to develop creative solutions to tackle vulnerability in later life.
Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS International.