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...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.