News

Debenhams has cut its defined benefit deficit by more than a half in the last six months as it shifts its investment focus, its half year results show.

Schemes fighting court cases are being forced to walk an investment "tightrope" in the Pension Protection Fund assessment period as they struggle to secure better than PPF-level benefits.

Last year's dip in the buy-in and buyout market was due to trustees focusing on triennial valuations and schemes being unprepared to transact, say insurers.

Time-focused service level agreements struck between trustees and third party administrators are too narrow and lead to the wrong focus for members, experts warn.

The majority of global businesses are expecting to increase their short and long-term overseas assignments this year.

Investors have backed proposals from the European Commission (EC) to improve transparency on environmental, social and governance (ESG) reporting.

Tesco has seen its defined benefit deficit increase by more than £500m despite a bump in contributions after its triennial review, its final results show.

Local authority leaders no longer consider pensions to be a major concern for their sector, according to an Ipsos Mori poll.

Businesses which do not tap into Britain's growing older population could suffer skills shortages and lose an important competitive edge, according to a Department for Work and Pensions (DWP) guide.

Barnett Waddingham has appointed Simon Taylor as associate in its corporate consulting practice.