Defined Benefit

Rachel Croft says there is a lack of clarity over what constitutes good trusteeship and governance.

The British Steel Pension Scheme (BSPS) has revealed the number of steelworkers cashing in their defined benefit (DB) pensions more than doubled to 482 in the year to March 2017.

Carclo has announced it does not expect to pay any dividends until at least April 2018 as its pension deficit continues to drain its reserves.

An argument has been made for DB schemes to copy corporate governance structures to boost trustees' accountability. James Phillips explores the idea

The private sector's defined benefit (DB) deficit under IAS 19 remained relatively stable over May with the shortfall increasing by just £1bn, but a different measure showed a £20bn fall.

A governance tool to give defined benefit (DB) schemes a full overview of their administration and investment costs has been launched by KAS Bank.

National Milk Records (NMR) is proposing to shareholders that it withdraws from the multi-employer Milk Pension Fund (MPF).

Hoover has become the latest firm to cut its defined benefit (DB) pension scheme adrift after The Pensions Regulator (TPR) and Pension Protection Fund (PPF) approved the plan.

Nuclear specialists and managers have voted in favour of reforms which will see their retirement fund based on career average earnings rather than final salary from next April.

BT may close its defined benefit (DB) scheme to future accrual in a bid to stem its ballooning deficit, according to reports.