Steve Webb says a Resolution Foundation report offers a surprisingly positive outlook for incomes of future pensioners, but warns we are not out of the woods yet
It has become received wisdom that the current generation of retirees are probably enjoying the best pensions of any generation before or since. The remorseless decline of private sector defined benefit...
In this week's Pensions Buzz survey, we want to know whether or not you agree with Lord Myners' opinion that asset owners, such as pension funds, are substantially to blame for short-termism in business.
A typical defined benefit (DB) scheme was able to meet 92.9% of its accrued pension rights as of 30 September, according to Legal & General Investment Management (LGIM).
The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.