Defined Benefit

The next chancellor should urgently address "absurdly complex" tax relief rules as data reveals NHS waiting lists have lengthened due to senior doctors working fewer hours to avoid the charges.

The government has been accused of "dragging its heels" on pensions equality after ruling out amending the law to provide for higher survivor benefits for widowers.

The Pension Protection Fund (PPF) has appointed Mike Ridley as head of restructuring and published a further guidance note for schemes facing insolvency events.

The introduction of long-term funding targets for defined benefit (DB) schemes could create an accounting gap of £260bn between the liabilities reported by companies and schemes, XPS Pensions has warned.

The journey to endgame for defined benefit (DB) schemes can be just as important on focusing on long-term funding targets, according to Lane Clark and Peacock (LCP).

Schemes need to get in place a "robust hedging strategy" to mitigate the impact of sudden falls in gilt yields, Buck has said.

Over half (55%) of FTSE 100 defined benefit (DB) schemes could buyout with an insurer within the next 10 years, according to Barnett Waddingham.

Universities across the country are on alert for fresh strike action as the University and College Union (UCU) prepares to ballot members.

The government must find an additional £4bn of annual funding for public service pensions after it was denied leave to appeal a case concerning age discrimination.

Work and Pensions Committee (WPC) chairman Frank Field has written to The Pensions Regulator (TPR) over its influence on the Universities Superannuation Scheme's (USS) 2017 valuation.