Defined Benefit

Defined benefit (DB) transfer values stayed fairly steady over October, rising from £230,000 to £231,000 by the end of the month, according to Xafinity.

Builders merchant JT Dove has slashed its forecasted defined benefit (DB) deficit by 11% after completing a medical underwriting study.

HM Revenue and Customs (HMRC) has published an internal manual on how value-added tax (VAT) should be calculated for defined benefit (DB) occupational pension schemes.

British Airways (BA) has reimbursed the trustees of its Airways Pension Scheme (APS) for nearly £12m in litigation costs over the last two years.

The Bank of England has raised rates for the first time in 10 years on a gradual path towards normalisation. Stephanie Baxter explores whether this will give schemes a reprieve from low yields

The UK's 350 largest listed companies recorded just a £1bn fall in their defined benefit (DB) deficits over the course of October, Mercer's monthly update reveals.

JPMAM's Sorca Kelly-Scholte makes the case for cashflow-driven investing at a time when many schemes are underfunded and need to grow investment returns to meet future liabilities.

The Bank of England's (BoE) decision to increase interest rates for the first time in over a decade has been welcomed by the industry, yet the move will only be "symbolic" for most defined benefit (DB) schemes.

John Gray says the London CIV need a simpler and more representative governance structure

David Weeks says bringing more trustees up to standard through outreach work would be a good first move to tackle the underperforming 'underbelly'