The accounting position of FTSE 100 defined benefit (DB) schemes has worsened from a £12bn surplus to a £17bn deficit over the last 10 years despite mammoth contributions.
In its 24th annual report, LCP revealed the continued rise in liability values driven by falls in bond yields has led to the worsened funding position under the IAS 19 accounting standard used in company...
Listed companies are getting away with short-termism because of a lack of engagement from institutional investors, according to RBC Global Asset Management.
Councillor Alan Schofield has been appointed to the Local Pensions Partnership's (LPP) board as a non-executive director, representing the shareholder Lancashire County Council.
Hedging appetite fell during the second quarter of this year as a lack of index-linked gilt supply continued to bite, BMO Global Asset Management has said.
FTSE 100 companies have responded to last year's investor rebellions regarding executive pay, with "more conservative policies" being adopted according to new analysis from the Investment Association (IA).