Defined benefit schemes saw an increase of more than £170bn in total deficits in 2009, marking the worst year on record, Pension Capital Strategies (PCS) says.
PCS estimated all UK private sector pension schemes had a deficit of £212bn as at 31 December, representing a funding level of 81%. The firm says this compares with a £37bn deficit in the previous year,...
First of a number of acquisitions
The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
For smaller and medium firms
'There will be more consolidation'
Fee-based revenue fell 13%