Defined Benefit

Defined benefit (DB) pension schemes are looking for untraditional ways to build endgame strategies in order to better balance member and employer needs, the Pensions Policy Institute (PPI) has found.

British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.

The Pensions Regulator (TPR) will now seek to publish the first of two consultations on a revised defined benefit (DB) funding code in the new year, depending on the political environment.

Flexible apportionment arrangements have become a commonly used tool for employers but, as Andy Lewis says, there can be issues for the unwary.

LEBC’s majority shareholder B.P. Marsh & Partners has reduced the valuation of its holding in the group by 33%, following its withdrawal from the defined benefit (DB) transfer market.

The Pension Protection Fund (PPF) has begun increasing payments to all pensioner members whose compensation falls below 50% of their pre-insolvency entitlements solely due to caps.

LGPS Central has launched a multi-factor equity fund with climate considerations core to its investment process.

The collapse of Thomas Cook shows how company boards must give greater attention to how pay and dividends contrast to pension scheme contributions, says Stephen Richards .

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

There needs to be wider access to partial transfers out of defined benefit (DB) schemes, according to a joint paper published by Royal London and Lane Clark & Peacock (LCP).