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...
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.