PwC

Trustees of pension schemes of all sizes are spending more time on their roles yet are on average being paid less, latest analysis from PwC has suggested.

The collective deficit of defined benefit (DB) schemes decreased by £40bn to £420bn over July, according to PwC's monthly Skyval index.

Michael Klimes explores how mentoring programmes can help create more diverse trustee boards

Marcus Fink will join PwC's pensions team as a director this month as the firm looks to grow its legal practice.

All UK private sector DB schemes saw a £50bn improvement in funding levels on a funding measure in June, according to PwC's Skyval index.

The UK's 350 largest listed companies are becoming increasingly unlikely to be able to meet their pension obligations, PwC research has suggested.

The private sector's defined benefit (DB) deficit under IAS 19 remained relatively stable over May with the shortfall increasing by just £1bn, but a different measure showed a £20bn fall.

Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.

Deficits could fall by hundreds of billions of pounds if the six-year stall in life expectancy improvements becomes a long-term trend. However, there is a risk of taking too much notice of short-term changes, writes Stephanie Baxter.

This week's top stores included coverage of eight promotions made by Hymans Robertson, as well as PTL becoming a standalone business after completing a management buyout.