There is a hefty bill that needs to be paid to cover the shortfall from the past, which will have to be met by the workers of tomorrow. And of course, we know that those same workers also have ... to cover the shortfall from the past, which will have to be met by the workers of tomorrow. And of course, we know that those same workers also have to worry about saving for their own pensions, paying off ... Who pays for the pension shortfall?
News analysis: A breakdown of the Pensions Regulator's annual record-keeping survey, and how smaller schemes can make up common data shortfalls and correct errors. ... Making good your scheme's common data shortfall
that workers enrolling at the minimum rate perceive there to be a stamp of government approval attached to their action, appreciating the extent of the shortfall only when it is too late.” The news comes ... Auto-enrolment retirement funding shortfalls exposed
The local authority scheme is working with its employers to improve scheme governance and engagement after a pensioner survey highlighted shortfalls. ... The local authority scheme is working with its employers to improve scheme governance and engagement after a pensioner survey highlighted shortfalls
, if agreed, would be an enormous boost for BA, which nearly saw its merger with Iberia derailed by the size of its pension shortfall. John Ralfe (pictured), an independent pensions adviser, calculated ... British Airways is discussing changes to its pension scheme rules that would enable it to slash its pension shortfall, currently at £1.9bn, almost in half ... British Airways is discussing changes to its pension scheme rules that would enable it to slash its pension shortfall, currently at £1.9bn, almost in half
cent. By multiplying the difference between the two rates with the current unfunded public sector pension liability, which now totals around £1.74tn, Mr Martin found a shortfall of £102bn ... The sustainability of unfunded public sector pension schemes has been called into question by actuaries, with calculations pointing to a shortfall of £102bn in the next 10 years. ... The sustainability of unfunded public sector pension schemes has been called into question by actuaries, with calculations pointing to a shortfall of £102bn in the next 10 years.
for £1,198,300 to cover a shortfall in the multi-employer fund under the Section 75 rules. Mr Menzies, whose case was first highlighted by The Herald newspaper, has no way of paying the money – selling ... The boss of a small Scottish plumbing company is the latest to receive a bill of more than £1m to cover a shortfall in a multi-employer defined benefit scheme. ... The boss of a small Scottish plumbing company is the latest to receive a bill of more than £1m to cover a shortfall in a multi-employer defined benefit scheme.
Employers in the charity sector face significant shortfalls in what they had previously believed were defined contribution (DC) schemes, as a result of the Bridge Trustees ruling. ... Employers in the charity sector face significant shortfalls in what they had previously believed were DC schemes, as a result of the Bridge Trustees ruling.
calculated using the funding shortfall. The scheme added that it expected to reinstate the full value of CETVs later this year, following the receipt of cash commitments it had secured in the sale of its ... Invensys Pension Scheme has reduced transfer values by 1 per cent to ensure those members remaining in the scheme do not lose out from its funding shortfall – a method used by underfunded schemes ... Invensys Pension Scheme has reduced transfer values by 1 per cent to ensure those members remaining in the scheme do not lose out from its funding shortfall – a method used by underfunded schemes
’s deficit could have been £750m higher if they had not sought to diversify its investments. The last valuation in April 2010 revealed a shortfall of £1.13bn. “We have been reducing our exposure to equity ... The BBC Pension Scheme has chipped an estimated £750m off its funding shortfall by reducing its allocation to equities over the past 10 years and increasing employer contributions. ... The BBC Pension Scheme has chipped an estimated £750m off its funding shortfall by reducing its allocation to equities over the past 10 years and increasing employer contributions.