FTSE 350 companies with defined benefit (DB) pension schemes have been hit particularly hard by the economic crisis caused by Covid-19, latest research from Barnett Waddingham shows.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.
The deficit of defined benefit (DB) pension funds was £200bn at the end of February, according to figures released by PwC's Skyval index, £10bn lower than at the end of January.
The UK's 5,600 defined benefit (DB) schemes saw their funding positions improve by one percentage point over the course of November, according to JLT Employee Benefits.
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.
No FTSE 350 companies will retain a final salary scheme open to accrual by 2027, analysis by Hymans Robertson finds.
The collective deficit of defined benefit (DB) schemes decreased by £40bn to £420bn over July, according to PwC's monthly Skyval index.
The funding levels of smaller schemes fell at a rate nearly five times faster than their larger peers, latest analysis by Goldman Sachs Asset Management reveals.
Sponsoring employers are increasingly updating mortality assumptions at a more frequent rate to keep on top of changes in pension liabilities, according to Mercer.
The aggregate accounting deficit of the FTSE 350's defined benefit (DB) schemes fell by a modest £3bn last month, according to Mercer's latest Pensions Risk Survey.
Master trusts are increasingly becoming the defined contribution (DC) vehicle of choice for FTSE 350 companies as they ditch trust-based schemes.
The UK's 350 largest companies ended January with an aggregate defined benefit (DB) deficit of £108bn on an IAS 19 basis, according to JLT Employee Benefits.
The combined deficit of FTSE 350 defined benefit (DB) schemes rose by £98bn over 2016, according to Mercer data.
The aggregate deficit of FTSE 350 defined benefit (DB) schemes more than doubled in 2016, causing funding levels to plummet 10% in 12 months.
UK pension schemes' average allocation to bonds has risen to over 50% for the first time according to The Pension Protection Fund's (PPF's) Purple Book.
Private sector defined benefit (DB) schemes saw a small improvement in their funding ratios in November after a year of market turmoil.
The Pensions and Lifetime Savings Association (PLSA) has called on every FTSE 350 firm to divulge more information with investors about their workforce.
The number of FTSE 350 defined benefit (DB) plans which are cashflow negative has increased from 50% to 57% over the course of the year according to Hymans Robertson.
IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.
FTSE 350 companies may need to reconsider whether to pay dividends after the total deficit has climbed to £207bn by the end of August.
Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.
Companies could increase their defined benefit (DB) contributions rates to meet a £770bn funding gap over the next 60 years.
Twice as many FTSE 350 companies with defined benefit (DB) schemes are supported by a weak sponsor covenant than in 2006 according to PwC.