FTSE350 pension surpluses rise by £17bn in January
The aggregate surplus of FTSE350 pension funds rose by £17bn in January as a result of increases to bond yields, Mercer analysis has found.
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The aggregate surplus of FTSE350 pension funds rose by £17bn in January as a result of increases to bond yields, Mercer analysis has found.
Regulations which set out the requirements for defined benefit (DB) pension schemes when determining their funding and investment have been published today (29 January) by the Department for Work and Pensions (DWP).
Ten of The Pensions Regulator’s (TPR) codes of practice have this week been consolidated into a single code in a long-anticipated move that is set to radically overhaul the governance of workplace pension schemes.
Average transfer take-up rates have hit an “all time low” while transfer values have hit their second lowest level since Q2 2015, analysis by Lane Clark & Peacock (LCP) finds.
More than one third (35%) of industry professionals are concerned about the stability of the funding of defined benefit (DB) pensions, according to a recent PA Asks survey.