Annuity rates have fallen across the board for December as gilt yields have plunged to record lows.
UK CPI inflation fell from 5% to 4.8% in November, the Office for National Statistics has said, in line with economists' forecasts.
Defined benefit funding ratios continued to fall last month with deficits rising by almost £65bn, according to the PPF 7800 Index.
Food giant Unilever has been labelled a "modern day Scrooge" after it withdrew the offer of a £15 Sainsbury's Christmas voucher for workers protesting changes to their pensions.
Barclays Corporate & Employer Solutions has made two key hires to head up its employee benefit consulting and global stock & reward services teams.
Warning on impact of EU pension rules; 400,000 workers shut out of pension schemes due to EU rules
Employer contributions have stalled in the last two years, raising concerns that companies will level down under auto-enrolment, a poll reveals.
Trustees of the Uniq Pension Scheme have signed a £830m buy-in deal with Rothesay Life.
The National Employment Savings Trust is set to take a more prominent role in shareholder activism and sustainable and responsible investment lobbying.
Spiralling defined benefit costs and uncertainty over future European Union scheme solvency proposals are constraining UK business performance, a survey of leading chief executive shows.