The Oxford Diocesan Board has transferred its defined benefit scheme to The Pensions Trust.
Smaller firms' defined contribution scheme contributions are failing to keep pace with the increasing cost of pensions, Association of Consulting Actuaries research shows.
Sebastian Cheek assessed the impact of TPR's 'hard fought' High Court win
The High Court ruling granting trustees ‘super priority' in obligations arising from a financial support direction against insolvent companies "desperately cries out for legislative intervention", lawyers say.
Defined contribution scheme members approaching retirement whose pots are near the lifetime allowance face a conflicting investment decision to best protect future income, Aon Hewitt says.
UK - Ofcom has confirmed it will not allow BT to fund its £6.6bn ($10.3bn) scheme deficit through charges it levies on competitors for telecoms services.
Ofcom has confirmed it will not allow BT to fund its £6.6bn scheme deficit through charges it levies on competitors for telecoms services.
UK - The 6,560 schemes monitored by the Pension Protection Fund reported an aggregate deficit of £1bn ($1.6bn) at the end of last month.
The 6,560 schemes monitored by the Pension Protection Fund reported an aggregate deficit of £1bn at the end of last month.
Schroders is to close its defined benefit scheme to future accrual.