The total cost of pension liabilities at the UK's 100 largest public companies increased from £586bn to £681bn last year, according to research.
JLT Employee Benefits' study of FTSE 100 defined benefit (DB) pension funds found the total IAS 19 accounting deficit by 31 December 2016 was estimated to be £87bn, up from £17bn the previous year. ...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.