Defined benefit (DB) schemes fell back into deficit on aggregate over December as gilt yields and asset returns fell, the Pension Protection Fund (PPF) has said.
At the end of 2018, the combined funding level of 5,450 schemes was 98% with a deficit of £31.9bn on a section 179 basis, compared to 100.9% and a surplus of £14.3bn in November. Some 3,271 schemes...
In the third part of a three-part series, Karl Dines explores how to best construct a charging strategy and whether it should be different for post-retirement advice
Tabled by Stephen Timms
'Left to fend for themselves'
Changed in November last year
82% made no changes
Headed by Simon Monk
2,000 advice firms shifted
Building a brand
'Better balance between fee and interest income'