Mercer

FTSE350 defined benefit deficits have risen 11% over November but funding ratios remains stagnant at 90%, a Mercer survey shows.

Professional Pensions assembled a panel of four industry experts to talk about the importance of being gilt-edged; the the use of government bonds as an asset class; and discount rate smoothing.

The auto-enrolment earnings trigger could be pushed up to £9,440 following a surprise increase in the personal tax allowance in yesterday's Autumn Statement.

Leading industry figures have called for the industry to consider a code of conduct for third party evaluators.

Mercer Workplace Savings has increased its client base to more than 50 companies over the year with assets under management now at £2.2bn.

Mercer has chosen Fiona Dunsire to replace Alan Whalley as UK chief executive.

Almost half of investment consultants have no professional qualifications, according to a survey of the major consultants by IC Select.

There is an urgent need for clarification on a loophole in auto-enrolment legislation about the definition of hybrid schemes, Lane Clark and Peacock says.

An increase in long-term inflation expectations has increased FTSE350 defined benefit liabilities by around 3%, according to Mercer.

The majority of financial directors and senior leaders say scheme deficits are hampering their business investments, research shows.