The combined deficit of the UK's defined benefit (DB) schemes rose by £40bn over August, according to the Pension Protection Fund's (PPF) latest index.
At the end of the month, the deficit totalled £220bn on a section 179 basis for the 5,794 schemes, up from £180bn at the end of July, the PPF 7800 recorded. Assets grew by £29bn to £1.6trn, but were...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.