Defined Benefit

The revised defined benefit (DB) funding code is not likely to be live until late 2022, The Pensions Regulator (TPR) has said.

The majority of sub-£250m schemes plan to achieve a buyout as their scheme’s endgame even if pricing opportunities are not necessarily in their favour, Mercer research finds.

British businesses have ploughed £200bn into defined benefit (DB) pension contributions over 15 years to avoid a drop in pension funding levels, according to a report from Lane Clark & Peacock (LCP).

April’s activity in the defined benefit (DB) transfer market fell to the lowest level since September last year, dropping by almost a quarter, while the number of transfers showing ‘red flags’ for scams increased to a three-month high, according to XPS...

The deficit of Royal Mail’s defined benefit (DB) cash balance scheme increased over the year as the company awaits secondary legislation for collective defined contribution (CDC), according to its annual results.

The surplus of Premier Foods’ combined defined benefit (DB) schemes has fallen a year after its landmark pensions merger, according to the retailer’s latest annual results.

Universities Superannuation Scheme (USS) has taken a 50% stake in a Spanish and Portuguese renewables-focussed investment vehicle co-created by Canadian pension fund OPTrust.

The BT Pension Scheme (BTPS) slashed its deficit by £3.3bn in the three years between its 2017 and 2020 valuations, it announced today, remaining on track to meet a 2030 full funding target.

Pacific Life Re has reinsured around £190m of pensioner and deferred liabilities held by a UK bulk annuity provider.

DWS has launched a private and structured credit solution for small- to medium-sized defined benefit (DB) pension schemes.