Defined Benefit

Over a third of defined benefit (DB) trustees have helped their members source financial advice in the lead up to their retirement, research shows.

Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…

Pensions schemes are better funded now than this time last year, according to PwC’s annual Pension Scheme Funding Survey.

Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.

Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.

Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.

A typical defined benefit (DB) scheme was able to meet 93.7% of its accrued pension rights as of 30 September this year, according to Legal & General Investment Management (LGIM).

Mobius Life has launched a specialist fund range in a bid to make alternative investment strategies available to more defined benefit (DB) schemes.

As more schemes reach a fully funded status, it is important that the risk-averse environment is not codified into regulations, says Paul McGlone.

Without specialist help, smaller DB schemes are being left behind in a bulk annuity market increasingly focused on mega-deals, says Rob Dales.