Defined benefit (DB) schemes recorded a £295bn surplus at the end of May, according to First Actuarial's best-estimate index (FABI).
According to the index, which uses significantly different calculations to the Pension Protection Fund (PPF) and other industry trackers, said the surplus had improved marginally from £287bn at the end...
Some of the UK's biggest pension schemes will be forced to report on climate risk in line with recommendations from the Taskforce for Climate-related Financial Disclosures (TCFD).
TPT Retirement Solutions has launched a pension scheme for the education sector which offers schools both defined contribution (DC) and defined benefit (DB) pension provision.
The People's Pension has revealed plans to overhaul its charging structure, cutting fees and returning profits to members with an aim to help people save more money for retirement.
Data consultancy ITM has appointed Akash Rooprai as head of client management to lead its de-risking business.