Defined Benefit

Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences

The Universities Superannuation Scheme (USS) is being pressed to ignore advice from a joint expert panel, which would store up problems with "pernicious consequences" for the higher education sector.

Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).

A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.

GMB members working for the National Association of Schoolmasters Union of Women Teachers (NASUWT) have voted for strike action over proposed changes to their defined benefit (DB) pension scheme.

In this week's Pensions Buzz, respondents warned schemes being required to offer partial transfers could lead to too many administrative burdens

The aggregate risk across defined benefit (DB) schemes in the FTSE 100 has fallen by almost a quarter since 2017 but 12.5% are still at risk of failure, research suggests.

The combined defined benefit (DB) funding level increased to 97.7% at the end of September, according to the Pension Protection Fund's (PPF) latest update.

Collective defined contribution (CDC) schemes could be a "halfway house" for the public sector but will appeal to "very much a minority" in the private sector, Baroness Ros Altmann says.

Partial defined benefit (DB) transfers are easier than trustees think and all schemes should offer them, XPS Pensions Group says.