Defined Benefit

Too much weight was placed on a test determining the manageable distance to self-sufficiency within 20 years for the Universities Superannuation Scheme (USS), a joint expert panel has concluded.

Pension transfer values fell from £233,000 at the end of July to £232,000 at the end of August, according to XPS Pensions Group's monthly index.

Done properly, DB to DC transfers can benefit the member, the trustees and the sponsor. But, as Mark Evans says, there is need for improvements in the area of transfer out processes.

The British Airways sponsored Airways Pension Scheme (APS) has completed a £4.4bn pensioner bulk annuity buy-in with Legal & General.

The combined defined benefit (DB) deficit increased by £2.5bn over August to £65.3bn on a section 179 basis, according to the Pension Protection Fund's (PPF) latest update.

The majority of defined benefit (DB) savers may sit in "well-run, larger schemes", according to The Pensions Regulator (TPR), but the watchdog has warned it will act on smaller schemes that are "lagging behind".

Alan Rubenstein and Marc Hommel are stepping down from their positions as chief executive and head of origination at The Pension Superfund, just six months after its launch.

FTSE 350 companies are failing to disclose to stakeholders a range of important data about their defined benefit (DB) obligations, a Lincoln Pensions study finds.

All UK private sector defined benefit (DB) schemes saw a £10bn improvement in funding on a gilts plus basis last month, according to PwC's Skyval index.

Occupational pension scheme membership hit a record high in 2017, with more than 41.1 million people saving through the workplace, latest Office for National Statistics (ONS) data reveals.