The combined funding position of the UK's defined benefit (DB) schemes improved by £50bn over October, PwC analysis suggests.
At the end of the month, the aggregate deficit totalled £410bn, with £2trn of liabilities and £1.5trn of assets, resulting in a 79% funding level. The Skyval index's figures are calculated on the basis...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).