Defined Benefit

The University of Southampton has confirmed plans to close the Pension and Assurance Scheme for Non-Academic Staff (PASNAS) to new members at the end of December.

The regulator's funding analysis for 'tranche 13' schemes finds many are falling behind recovery plans. James Phillips looks at the findings

Hilary Salt says by blurring the line between what is legally required and what 'feels fair', we create uncertainty about what is and isn't allowed

Industry Voice: Member options exercises can usually be tailored to make sure that they meet a pension scheme's long-term objectives.

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.

Alongside the Freedom and Choice provisions was a requirement that members who have a transfer value over £30,000 must take independent financial advice from a suitably qualified individual before they are able to transfer their benefits out of a defined...

Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter

Vehicles to promote and enable pension scheme consolidation have been accused of forgetting the policy's intention of boosting outcomes for members of sub-scale schemes.

Universities UK (UUK) has appointed Ronnie Bowie, Sally Bridgeland and Chris Curry to the Universities Superannuation Scheme's (USS) joint expert panel, to examine the valuation of the USS.

Pension schemes at the UK's 100 largest listed companies had a combined accounting surplus of £4bn at the end of 2017, Lane Clark & Peacock (LCP) analysis suggests.