Defined Benefit

The combined defined benefit (DB) deficit decreased by £33.9bn over April to £81.7bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.

House of Fraser is in talks with The Pensions Regulator (TPR) around the future funding of its defined benefit (DB) scheme as it seeks to restructure the business.

The Pensions Regulator and Sainsbury's have confirmed they are in talks over the impact of the Asda tie-up on the supermarket's defined benefit (DB) pension scheme.

Some 43% of defined benefit (DB) schemes are closed to future accrual, while just 4% are still open to new active members, according to analysis by Barnett Waddingham.

Worcestershire County Council Pension Fund has implemented a solution to bank some of the recent upside in the equity markets and protect these gains through to its 2019 triennial valuation, PP has learned.

Former Pension Protection Fund (PPF) chief executive Alan Rubenstein says he would have liked to see 'more action' on recovery periods for underfunded schemes.

The Toshiba Pension and Assurance Scheme has completed a £170m deferred member buyout. Stephanie Baxter looks at the details of the deal.

Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.

The combined deficit of the UK's private sector defined benefit (DB) schemes fell by 40% to £78bn on an accounting basis during April, JLT Employee Benefits analysis has revealed.

Obligation for the Asda defined benefit (DB) pension scheme will not be shared between Walmart and J Sainsbury following the merger of their two supermarket businesses, it has been confirmed.