Last year was not a good year for UK pension deficits. Many pension trusts experienced a dull year at best for investment returns, with many pension funds losing money overall.
Meanwhile the unthinkable happened, and gilt yields fell still more. As the gilt yield is an important variable in the measurement of pension fund liabilities this on its own increased deficits substantially....
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).