Defined Benefit

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.

Industry Voice: Kelly Hurren, Senior Consultant at Aon, discusses how DB schemes are responding to 'Freedom and Choice'.

University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).

All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.

Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings

The combined IAS 19 accounting surplus of Royal Mail's defined benefit (DB) schemes fell to £2.2bn in March from £3.8bn a year ago, according to its annual report.

Struggling children's retailer Mothercare has announced plans to overhaul its store portfolio through a Company Voluntary Arrangement (CVA), by closing 50 shops and negotiating reduced rents.

Some 90% of schemes have seen an increase in the number of requests from members for transfer values over the last 18 months, according to an Aon study.

Some 95% of defined benefit (DB) trustees and sponsors are concerned about the consequences of members getting inadequate support for their retirement options, according to Hymans Robertson research.

Malcolm McLean says the green-tinged white paper raised almost as many questions as answers and we are still far from knowing the exact direction of government policy