The Institute and Faculty of Actuaries (IFoA) has set up a defined contribution (DC) sub group in recognition of the continuing shift away from defined benefit (DB) provision.

Sponsoring employers who use spare cash to reduce scheme deficits could see a huge hike in their scheme's Pensions Protection Fund (PPF) levy as a result, warn consultants.

DHL has denied it is considering changing or closing its Voyager defined contribution (DC) pension scheme.

The Pension Protection Fund (PPF) has switched providers of the employer insolvency risk ratings it uses to calculate scheme levies.

The Department for Work and Pensions (DWP) has pushed back plans to simplify scheme disclosure regulations after the industry warned its original October 2013 implementation date was too soon.

Diageo saw the deficit in its UK and Ireland defined benefit schemes fall from £1.1bn to £552m over the year to the end of June.

Taylor Wimpey has been given approval to merge its two principle defined benefit (DB) schemes and has set up a £100m partnership to plug their deficits.

Reinsurers could run out of capacity to hedge UK schemes' longevity risk if they turn their attention to more lucrative US and Canadian markets, warns PwC.

Deleveraging by banks and governments around the world has created an "unprecedented" investment opportunity for UK schemes, according to research from UBS Global Asset Management.

The Archbishop of Canterbury has fuelled the debate on ethical investment by pension schemes after it was revealed the Church of England scheme invests indirectly in a payday lender.