Finance

The inauguration of Trump has cancelled out the effects of Brexit for UK DB schemes. The collective UK Defined Benefit (DB) pension scheme deficit is back below £790bn, from an all-time high in...
Over £30bn of liabilities will be insured in 2017, through buyins, buyouts and longevity swaps, according to Willis Towers Watson. This will be a return to the levels of activity observed in 2014 (£...
The aggregate deficit of the 5,794 schemes in the PPF 7800 Index has increased to £223.9bn at the end of December 2016, from a deficit of £194.7bn at the end of November 2016. The funding ratio...
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies fell from £149bn at the end of October to £127bn on 30 November 2016 according to Mercer’s...
Legal & General Group Plc (Legal & General) has completed a £1.1bn pension buyout for the Vickers Group Pension Scheme – part of the Rolls-Royce Group – covering over 11,000 members. This is...
The total UK defined benefit deficit now stands at  £825bn, having gone down  by £35bn since the US election result. It is also down by over £200bn from a record high of over £1 trillion in August...
The aggregate deficit of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 Index has decreased to £328.9bn at the end of October 2016, from a deficit of £419.7bn at the end of September...
The Pensions Regulator (TPR) has confirmed that following a complex investigation it has formally begun enforcement action to seek redress on behalf of the BHS pension schemes and their 20,000...
Relaxing legislation: will the government take a steely approach? Asks Alison Hills, Wedlake Bell
A consensus has been reached between various key parties in Nortel's global insolvency as to how the $7bn residual Nortel assets should be allocated. PwC has been acting as the financial adviser to...