The majority of defined benefit (DB a schemes remain affordable but many should do more to tackle increased deficits and reduce risk to pensioners, The Pensions Regulator (TPR) says.
The call to action comes as the watchdog released data showing how challenging market conditions had led to a jump in deficits and lower funding levels for certain DB schemes. The analysis shows the...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point