Defined benefit (DB) schemes at the UK's 100 largest listed companies had a £3bn accounting surplus at the end of July, according to JLT Employee Benefits.
The consultant said this is the first time in nearly a decade where there has been no aggregate shortfall for FTSE 100 firms - with assets totalling £676bn on the IAS 19 measure, and liabilities recorded...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.