Increasing sponsor support or lowering member benefits will ultimately improve the funding position of defined benefit (DB) schemes, according to the European Insurance and Occupational Pensions Authority (EIOPA).
House of Fraser's defined benefit (DB) scheme has not been automatically placed into Pension Protection Fund (PPF) assessment despite restructuring plans, PP can confirm.
Baroness Ros Altmann says more DB trustees should seek independent forensic analysis on the sponsor's business and financial position
Some 58% of UK charities have closed their defined benefit (DB) schemes to future accrual, Hymans Robertson research reveals.
Defined benefit (DB) consolidation vehicles may be subject to a special levy if they are deemed eligible for the Pension Protection Fund (PPF) in the event of a failure.
Publishing house Johnston Press is seeking a regulated apportionment agreement (RAA) to detach its pension scheme ahead of a company-wide restructure, according to reports.
The number of people saving into a workplace pension has hit an all-time high, with 17.7 million people actively participating last year, latest government data shows.
Iain Clacher and Con Keating say there is much confusion over pension valuations and argue all the methods currently used are wrong. They say a pragmatic resolution could be to use the expected return on assets
Mothercare's defined benefit (DB) schemes have exited Pension Protection Fund (PPF) assessment after the struggling children's retailer's shareholders approved restructuring plans.
Industry Voice: Over the past three years, sponsors and trustees have been navigating their way through the pension freedoms and trying to predict what impact they will have on their pension schemes.