Some 58% of UK charities have closed their defined benefit (DB) schemes to future accrual, Hymans Robertson research reveals.
The consultant's analysis of the 40 largest UK charities suggests they are facing real financial challenges - with contracts being run on tight margins with fundraising under increasing pressure from General...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.