Defined Benefit

Marian Elliott looks at the key factors for reaching schemes’ set goals.

The market events of 2020 could lead to a “fresh wave” of benefit reviews by UK companies and subsequent pension schemes closures, Aon says.

The Pension Protection Fund (PPF) has confirmed a number of key measures to support levy payers following support from its recent consultation on the introduction of a tapered approach.

More and more pension schemes are approaching their endgame. Tony Baily and Lucy Barron explore how trustees can prepare, what tools can be used and how fiduciary management can help schemes get there with more certainty.

With a total market value of over £2trn, defined benefit (DB) pensions are an enormous financial resource, says Baroness Ros Altmann. But quantitative easing (QE) has caused significant damage to pension funding.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…

Pensions schemes with sponsors facing severe economic difficulties due to Covid-19 must prepare for the lifting of temporary protections from corporate insolvency at the end of the year, Aon says.

Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.

Scheme funding in the defined benefit (DB) universe has worsened, but the Pension Protection Fund (PPF) remains confident it can tackle the challenges ahead, it says as it launches its 2020 Purple Book.

Debenhams’ pension schemes are continuing in Pension Protection Fund (PPF) assessment after administrators failed to rescue the company from collapse.