Bond allocations for defined benefit (DB) pension schemes in the FTSE 100 have soared from 49% to 59% of total assets in just six years.
Policy changes will result in an extra three million retirees on inadequate incomes by 2060 on top of the 12.2 million already forecast, according to research.
The Employer Covenant Working Group (ECWG) has announced its formal launch as it publishes a guide for advisers, trustees and sponsors of defined benefit (DB) schemes.
With the steel industry's fortunes hanging in the balance, PP considers the prospects for its pension fund.
Pension Insurance Corporation (PIC) has concluded a £300m buy-in with the trustees of the VA Tech UK Pension Scheme, including a retrocession to Siemens' captive reinsurer.
The trustee of the Home Retail Group's pension scheme has agreed its future funding with Sainsbury's which is set to acquire the business from Argos.
Deficits in all private UK defined benefit (DB) schemes worsened in March amid low interest rates and a worsening economic outlook.
The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.
Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.
Early state pension access for women affected by the age increase could lead to flexibility for everyone.