Defined Benefit

Professional Pensions rounds up some of the latest tender awards from across the industry.

Plumbing Pensions faces a watershed moment after a governance review and strong valuation, says trustee chairman Jon Bridger.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the January 2021 estimates on the various measures…

The Pension Protection Fund (PPF) has proposed several changes to its actuarial assumptions under various bases as part of a regular review, suggesting moves that would broadly improve scheme funding.

While the progress of the Pension Schemes Bill is to be celebrated, says John Chilman, it is important to secure further consensus to ensure the best outcomes for open defined benefit (DB) schemes.

The government has opted to proceed with its “deferred choice underpin” (DCU) route for implementing a remedy to the McCloud judgment for public sector workers.

The health of the UK’s defined benefit (DB) pension schemes has surpassed that of their pre-Covid levels as they continued to recover through final quarter of 2020, Legal & General Investment Management (LGIM) research reveals.

The Staffordshire Pension Fund has reappointed Hymans Robertson to a seven-year contract for investment consultancy services.

Michael Bromwich says USS’ 2020 valuation ramps up prudence, but perhaps unjustifiably, resulting in higher contributions.

Defined benefit (DB) pension scheme sponsors issued 249 profit warnings last year, 90% of which were specifically related to the coronavirus pandemic, according to EY.