DEFINED BENEFIT DEFICIT
Mercer appoints new CIO
Jo Holden has been promoted from her role as Mercer's defined benefit (DB) leader to replace Steven Blackie as chief investment officer (CIO), the consultancy announced today.
DB deficits rose £26bn over March; volatile markets remain 'benign for pensions'
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.
TPR's new white paper powers could apply to Carillion retrospectively, says McVey
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Pension Protection Fund 7800 deficit slashed in half as gilt yields rise
The combined defined benefit (DB) deficit decreased by £52.8bn over January to £51.0bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
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