The combined deficit of the UK's defined benefit (DB) pension schemes rose by 25% to £131bn on an accounting basis during March, JLT Employee Benefits analysis has revealed.
At the end of the month, the consultancy's monthly index said private sector DB assets totalled £1.5trn, while liabilities likewise remained largely unmoved at £1.6trn, resulting in an overall funding...
The Royal Society of Arts (RSA) has reignited the debate on the introduction of flat-rate pensions tax relief - saying a 30% flat rate would be progressive, cost-neutral and leave three-quarters of earners better off.
This week's edition of Professional Pensions is out now
Pension freedoms could add £25bn to the accounting costs of UK companies if no action is taken, a Xafinity Punter Southall study reveals.
Top actor and comedian Stephen Mangen will present the UK Pensions Awards 2018, supported by the ACM Gospel Choir.