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.
Schemes could see huge reductions in their liabilities on a funding basis if the recent slowdown in life expectancy improvements becomes a long-term trend, according to PwC.
Defined benefit (DB) schemes saw a £20bn reprieve on their deficits over the course of March, PwC's SkyVal index shows.
Pension Insurance Corporation (PIC) has appointed Giles Fairhead as its chief risk officer (CRO).
Raj Mody gives his view on the debate around measuring defined benefit scheme deficits.