Mercer

The accounting deficit of FTSE 350 defined benefit (DB) schemes fell by £9bn over July on the back of lower long-term inflation expectations, according to Mercer's latest index.

Professional Pensions spoke to two Mercer experts about transferring risk to insurers. Here is what they had to say…

The Pensions and Lifetime Savings Association (PLSA) has urged the Financial Conduct Authority (FCA) to refer the investment consulting market for a competition investigation.

The FCA's eagerly anticipated final report of its asset management market study suggests an investigation of the investment consulting market, James Phillips reports.

The Financial Conduct Authority (FCA) has published the proposed reforms put forward by the big three investment consultants as it seeks industry views on whether to reject them.

The Financial Conduct Authority's (FCA's) provisional decision to refer the investment consulting market to the Competition and Markets Authority (CMA) has largely been welcomed by the industry.

The Financial Conduct Authority (FCA) is seeking further industry views on whether to refer the investment consulting market to the Competition and Markets Authority (CMA), with a final decision expected in September.

More than half (55%) of defined benefit (DB) schemes are now cashflow negative, yet many do not have formal de-risking plans, according to research.

A $224trn (£174.2trn) combined deficit could hit the six largest pension systems if action is not taken now to address longevity risk, the World Economic Forum (WEF) has warned.

Veolia UK Pension Trustees has announced it has appointed Schroders to be the fiduciary manager for its largest defined benefit schemes, which have a combined asset value of £880m.