Scrapping defined benefit (DB) indexation will be controversial but collective defined contribution (DC) plans outlined in the government's defined ambition (DA) paper could prove popular, the industry says.

The Department for Work and Pensions (DWP) has published its long-awaited defined ambition (DA) paper, setting out three proposals for new structures for schemes.

Lloyds Banking Group (LBG) is consulting with scheme members on removing pensionable pay increases for active members of its defined benefit (DB) schemes.

National Local Government Pension Schemes (LGPS) Frameworks is about to launch a structure for global custody services.

UK economic recovery can only be good news for DB schemes. Charlotte Moore reports

JP Morgan’s Simon Chinnery argues a charge cap will damage savers

Rachel Dalton looks at how Steve Webb’s policies have adapted

The Pensions Regulator (TPR) has warned trustees and employers within multi-employer defined benefit (DB) schemes that they cannot count deficit repair contributions as payments towards section 75 (s75) debts as well.

PIRC’s Alan MacDougall says shareholders must keep up the pressure on executive pay

Rachel Dalton says Steve Webb is moving towards firm action on charges