UK equities closed the year at an all-time high, putting the seal on a good year for the stock market, according to S&P Dow Jones.
The combined deficit of the FTSE 350's defined benefit (DB) schemes fell by £3bn over the course of November, according to Mercer's Pensions Risk Survey.
The Pensions and Lifetime Savings Association (PLSA) has appealed to pension funds to tackle high executive pay in FTSE 350 companies.