Defined Benefit

Life expectancy amongst affluent men is rising faster than any other group, according to analysis by the Pension and Lifetime Savings Association (PLSA) and Club Vita.

Defined benefit (DB) schemes recorded a £295bn surplus at the end of May, according to First Actuarial's best-estimate index (FABI).

Coats Group has agreed a £74m settlement with The Pensions Regulator (TPR) to end enforcement action for the third of its defined benefit (DB) schemes.

The Pensions Institute argues RAA processes should be streamlined and trustees should be able to reduce benefits in a bid to help those struggling with deficits, James Phillips reports.

Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.

The industry has broadly welcomed the Financial Conduct Authority's (FCA) plans to modernise processes around pension transfers in response to concerns over surging demand.

Shareholders have granted National Milk Records (NMR) permission to pull out of the multi-employer Milk Pension Fund (MPF) at a cost of £14.8m.

Trustees can expect The Pensions Regulator (TPR) to intervene in their favour if sponsors are not fulfilling their obligations to a scheme, Andrew Warwick-Thompson says.

The UK's 350 largest listed companies are becoming increasingly unlikely to be able to meet their pension obligations, PwC research has suggested.

The most important characteristics in advisers differ by scheme size, but the approach to investment is not overly dissimilar, James Phillips writes