Defined Benefit

Pension schemes should rethink their approach to defined benefit transfers in response to high demand since Freedom and Choice, writes Kim Kaveh

The collective deficit of defined benefit (DB) schemes increased by £40bn to £460bn over August after falls in long-term rates, according to PwC's Skyval index.

The Pension Protection Fund (PPF) has called on widows and widowers in same-sex marriages or civil partnerships to check whether they are receiving their full survivor entitlement from the lifeboat fund.

RPMI Railpen, which manages the £25bn Railways Pension Scheme, has adopted a performance attribution solution to help it monitor and improve its investment process.

The Employer Covenant Working Group (ECWG) has published guidance to help stakeholders of defined benefit (DB) funds manage distressed scenarios.

Members should have a limited legal right to partially transfer their defined benefit (DB) scheme, according to a joint report from Royal London and LCP.

The total cost of pension liabilities at the UK's 100 largest public companies increased from £586bn to £681bn last year, according to research.

A planned amendment to IAS 19 under consideration by the International Accounting Standard Board (IASB) could have big consequences for scheme funding arrangements.

The Communication Workers Union (CWU) has told Royal Mail it must make significant progress in resolving its pensions dispute by 6 September to avoid industrial action.

The planned closure of Capita's defined benefit (DB) scheme could be met with strike action as Unite launches a ballot of its members.