The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.
At the end of the month, the 5,794 schemes had a combined section 179 deficit of £180.1bn, down from £186.2bn on 30 June. This was largely driven by a £10bn increase in aggregate assets to £1.5trn,...
The roll-out of the government's Help to Save scheme could lead to a rise in automatic enrolment (AE) opt-out rates and have a much bigger impact than the Lifetime ISA (LISA), Aegon has warned.
Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee
Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).
Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.