A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
Central banks are set to go indifferent directions
A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
The Smiths Group has cut contributions to the Smiths Industries Pension Scheme (SIPS) by 60% after a dramatic improvement in funding levels allowed trustees to de-risk its investments.
Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.
A new accounting standard will worsen the insolvency scores of hundreds of employers in the Pension Protection Fund, finds Stephanie Baxter
The multi sector credit market has doubled in the past three years to £96bn as schemes seek higher yields in the low return environment, according to Punter Southall Investment Consulting.
Pension schemes could see liabilities surge by £62bn if interest rate rises are delayed, warns JLT Employee Benefits.
The Institute and Faculty of Actuaries (IFoA) has warned increases in life expectancy could lead to individual hardship and put a strain on the benefits system.
Financial Times (FT) journalists have voted to ballot for strike action in a row over plans to end its final salary scheme that the union has called a "pensions robbery".