Defined Benefit
Defined Benefit
Unite members in the Royal Mail Pension Plan (RMPP) have narrowly rejected the company's proposal to set up a 'cash balance' scheme when the plan closes to accrual next year.
14 August 2017
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2 min read
Defined Benefit
Last week's agreement on a regulated apportionment arrangement (RAA) to split Tata Steel UK (TSUK) from its defined benefit (SB) pension fund fails to answer fundamental questions.
11 August 2017
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6 min read
Defined Benefit
Government-backed liabilities in the Royal Mail Statutory Pension Scheme (RMSPS) rocketed more than £8bn over the year to 31 March, according to Cabinet Office documents.
11 August 2017
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2 min read
Defined Benefit
Trustees of pension schemes of all sizes are spending more time on their roles yet are on average being paid less, latest analysis from PwC has suggested.
09 August 2017
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2 min read
Defined Benefit
The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.
08 August 2017
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2 min read
Defined Benefit
Defined benefit (DB) transfer values remained fairly stable in July, falling by just £2,000 to £230,000 by the end of the month, according to Xafinity's monthly index.
07 August 2017
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1 min read
Defined Benefit
The accounting deficit of FTSE 350 defined benefit (DB) schemes fell by £9bn over July on the back of lower long-term inflation expectations, according to Mercer's latest index.
07 August 2017
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2 min read
Defined Benefit
Johnston Press has asked the trustees of its defined benefit (DB) plan to support a bid to overhaul the business due to pressure from heavy debts and declines in print sales.
03 August 2017
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2 min read
Defined Benefit
The accounting position of FTSE 100 defined benefit (DB) schemes has worsened from a £12bn surplus to a £17bn deficit over the last 10 years despite mammoth contributions.
02 August 2017
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2 min read
