Scheme contributions

The Daily Mail & General Trust has agreed a 12-year deficit recovery plan to tackle its £336m pension deficit.

US - The US Postal Service (USPS) could be allowed to use surplus pension payments to address a $5bn company deficit under a bill introduced this week

British workers are risking poverty in retirement by refusing to join their companies' pension schemes, according to research.

Women's contributions to occupational schemes fell 5% in real terms over the last 12 months, despite average contributions rising in line with inflation.

Pensions deficits have become more affordable to blue chip companies despite almost doubling in size this year to £70bn, research finds.

More than one in three workers in the UK has no pension, according to a survey by Prudential.

Proposals to implement a new LGPS with lower accrual rates could be used as a short-term fix to generate millions of pounds in savings required from the scheme by Treasury next year.

New rules could see the burden of risk swing from employer to employee. Chris Panteli discovers that while this might be the norm elsewhere in the world today, the Dutch are not so keen to follow suit

Most large employers are still not properly prepared to meet the regulatory requirements of auto-enrolment, Standard Life research reveals.

Phoenix group has closed its defined benefit pension schemes to future accrual to limit future costs and volatility relating to the funds' deficit.