Corporate pension schemes could face a deficit of £362bn at the end of the year, Xafinity Corporate Solutions predicts.
The consumer price index of inflation eased in May to 3.4%, down from 3.7% in April, according to the Office for National Statistics.
GLOBAL/UK - Institutional fund of hedge funds Fauchier Partners has won investor backing for a novel lock-in on one of its flagship products.
Institutional fund of hedge funds Fauchier Partners has won investor backing for a innovative lock-in on one of its flagship products.
US - Mercer has agreed to pay US$500m to settle a law suit brought by the Alaska Retirement Management Board alleging the actuarial firm erred when calculating the state's pension liability.
PIMCO has brought its new active equity strategy to the UK with the launch of the PIMCO EqS Pathfinder Fund and the PIMCO EqS Pathfinder Europe Fund.
UK/EUROPE - PIMCO has brought its new active equity strategy to the UK with the launch of the PIMCO EqS Pathfinder Fund and the PIMCO EqS Pathfinder Europe Fund.
The coalition government should shift the burden of public sector pension contributions from the state to employees in the June 22 emergency budget, an independent policy think-tank says.
Pensions urged to enter Africa;Tips from the Dutch; Final salary pensions will not exist in 10 years; Soaring public sector pensions bill threatens attempts to cut deficit
Almost every defined benefit plan in the UK has plans to reduce or axe current provisions in the future, a PricewaterhouseCoopers survey reveals.