Stephanie Baxter says the CWU's proposal for a risk sharing scheme at Royal Mail is a breath of fresh air at a time when there are growing concerns about DC.

A union proposal for Royal Mail to create a risk sharing scheme has brought back the idea of defined ambition. Stephanie Baxter looks at how it would work and if it could set a blueprint for others

Prudential's independent governance committee (IGC) has found members are getting better value for money after reducing all initial charges and has no major concerns about transaction costs.

The total funding shortfall across Balfour Beatty's pension schemes rose by £85m to £231m over the course of 2016, driven by interest rate falls and contraction in credit spreads.

In a move that had been widely expected by markets, the Federal Reserve has increased US interest rates by a further 25 basis points (bps), marking its third rise since December 2015, as the US economy continues to improve.

The Communication Workers Union (CWU) is calling on Royal Mail to merge its defined benefit (DB) and defined contribution (DC) members into a risk sharing pension scheme.

The trustees of the Alps Electric Pension Scheme have concluded a £33m buyout of its liabilities with Pension Insurance Corporation (PIC).

Pension Insurance Corporation (PIC) has invested £93m in secured debt issued by Welsh Housing Partnership, an initiative that supplies new affordable housing across Wales.

Fully merging DB assets and liabilities into superfunds is "impractical and unrealistic", according to most respondents in last week's Pensions Buzz.

Willis Towers Watson has introduced a secure income fund that provides a cash flow generating alternative to traditional credit and gilts.