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.

Publishing its estimates today, the firm said the total deficit of FTSE 350 schemes had increased to £92bn since the end of April as yields on corporate bonds fell

More than one-in-five (22 per cent) of small DC scheme trustee boards meet less often than annually, or not at all, according to The Pensions Regulator

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

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

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