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.

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.

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.

The collective deficit of defined benefit (DB) schemes decreased by £40bn to £420bn over July, according to PwC's monthly Skyval index.

Gender imbalance among senior actuaries is still common but the industry is providing solutions and aims to tackle the wider lack of diversity, writes Kim Kaveh

The actuarial funding deficit on Barclays' main defined benefit (DB) scheme has risen to £7.9bn in its September 2016 triennial valuation, following falls in gilt yields.

Disclosure of investment costs can be achieved without necessarily finding out the true value of implicit costs, Kempen Capital Management argues.

Engineering group GKN has announced it closed its two UK defined benefit (DB) schemes to future accrual on 1 July, after falls in bond yields increased liabilities in 2016.

The Department for Work and Pensions (DWP) is consulting on whether auto-enrolment (AE) regulations on the quality of defined benefit (DB) schemes are working properly.

The Brunel Pension Partnership has formed an investment company to manage £27.5bn of local government pension scheme (LGPS) assets.