A more contemporary approach to how liabilities for UK defined benefit (DB) pension schemes are funded could generate £40bn in extra value, PricewaterhouseCoopers (PwC) has found.
UK defined benefit (DB) pension schemes are overly-dependent on improbable equity returns, and need a “once-a-century” performance to close funding gaps by 2030, Willis Towers Watson (WTW) has warned.
The UK's 100 largest occupational pension schemes will be forced to disclose how their investments are exposed to climate-related financial risks, under plans unveiled by the government yesterday.
The UK government's plan to reform the Retail Price Index (RPI) measure of inflation could cost over £100bn and hurt pension savers for decades, the Association of British Insurers (ABI) has warned.
Two in five UK adults aged 18 to 34 have stopped or reduced their pension contributions as a result of COVID-19, research by Royal London has uncovered.
The gap between what men and women receive through the state pension has narrowed significantly since changes were made to the system four years ago, new UK government figures have revealed.
The majority of UK adults believe that having easy access to savings is just as important as having funds to fall back on in the first place, following the COVID-19 outbreak.
A coalition of institutional investors with more than $16trn (£12trn) in assets under management has today launched the first-ever practical blueprint to help investors deliver net-zero emissions globally by 2050.
The combined accounting deficit of defined benefit (DB) pension schemes at the UK's 350 largest listed companies has increased by £13bn in one month, new data from Mercer shows.
