Defined Benefit

The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend

Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.

The combined defined benefit (DB) deficit decreased by £52.8bn over January to £51.0bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.

Research by Hymans Robertson predicts existing options could shrink the DB universe by four-fifths in 25 years' time. Stephanie Baxter explores its predictions

A new law allowing co-habiting couples to register as civil partners could add billions to the liabilities of defined benefit (DB) pension schemes.

Defined benefit (DB) transfer values fell from £236,000 at the end of December, to £231,000 by the end of last month, according to Xafinity Punter Southall.

Susan Martin says local government pension funds have made great strides in collaborating but there are still challenges ahead of the April deadline

The industry has been calling for some sort of alternative to defined benefit (DB) schemes for as long as I can remember - saying such arrangements could provide a third way between DB and defined contribution (DC) schemes.

Documents published by two select committees reveal there were warning signs about construction group Carillion's position and illustrate the "chronic underfunding" of the 13 UK defined benefit (DB) schemes.

The BT Pension Scheme (BTPS) will close to future accrual for managers in May 2018, and will them into the telecoms giant's defined contribution (DC) scheme.