The main risk to scheme funding is the gradual erosion of the pension promise over time as a result of corporate transactions, strategy and performance, rather than the default of the sponsor, a study by Gazelle Pensions Advisory has found.
Analysing the corporate experience of FTSE 100 Index over the past 25 years, Gazelle believes trustees should adjust their expectations of the level of funding risk their schemes are likely to experience over the next 25 years, and questioned whether the current regulatory framework effectively deals with this
A working group set up by the National Association of Pension Funds (NAPF) has today launched a public consultation over a new industry-wide code which will be designed to improve transparency on all DC pension charges. It will also help employers to select the best pension for their staff
The overall pension deficit of schemes sponsored by FTSE 350 companies has increased by £30bn over the last two weeks, according to consultancy Towers Watson
Defined benefit pension fund trustees could be provided with more than £100bn in deficit reduction payments over the next three years, or 13 per cent of cash holdings, a new survey by Pension Corporation has revealed
The number of Brits aged over-50 relying on the state pension to fund their retirement is set to rocket from 1.2 million to 6.25 million according to LV=
Prospect, the UK’s second-largest civil service union, has accepted the plans for changes to public sector pensions from 2015
Philip Langsdale has today been announced as the Department for Work and Pensions' (DWP) new chief information officer

Scottish Widows Investment Partnership (SWIP) has appointed Ian Marsh as head of marketing. Marsh will report to director of distribution and client management Francis Ghiloni and will be responsible for shaping the company’s marketing strategy across a range of disciplines including client communications, advertising and brand management
Someone born today is unlikely to receive their state pension until age 77, while their children will be working into their mid-80s, PwC has calculated
UK investment funds could be in for a €20bn tax rebate after a European Court of Justice ruling preventing overseas funds being treated differently to French funds, according to professional services firm PwC

In preparation for the adoption of the revised IAS 19 accounting standards, many scheme sponsors should be aware of the increased focus likely to occur around the issue of defined benefit risk according to Mercer. The consultancy has highlighted five key areas of impact for DB risk management
Employers and trustees must be more vigilant in managing the employer covenant, because of a rise in corporate restructuring due to challenging economic times, Punter Southall Transaction Services has said
Providers took a ‘wait and see’ approach to adjusting annuity rates over the last month, according to new figures from the Alexander Forbes Annuity Bureau
As the focus on responsible capitalism has grown stronger, Andrew Williams explores the importance of SRI for pension funds
Guy M Dove explains the background behind the GMP equalisation debate and why it is once again the centre of attention
Will the trustee’s role develop beyond that of ‘just’ protecting the interests of fund members?
Phil Titchener and Laura Whistler explain the importance of ensuring data quality when conducting a de-risking exercise
The retreat from offering new employees a defined benefit pension in the private sector is now almost complete
Nick Martindale examines whether pension funds are looking beyond the ‘typical’ types of alternative investments for their portfolios
Jai Jacob explains the approach pension funds should take when investing in emerging markets
In what has been a turbulent year for pension funds, David Adams reveals what’s really going on with pension scheme funding
Nadine Wojakovski details the ways pension funds are tackling the inflation challenge
Laura Blows discovers how Legal & General are able to provide longevity insurance for smaller-sized schemes
Karen Gomm looks at the investment opportunities within BRIC countries and beyond, and how a multi-asset investment strategy may be the best approach for pension funds to invest in emerging markets
Clare Mulligan provides an insight into the Generation Y attitude to saving