Defined Benefit

Professional Pensions has teamed up with Pension Funds Online to bring you the list of the biggest pension schemes in the country along with the details of their advisers, providers and asset managers.

Mature schemes must have a strategy in place to ensure they sell their assets in the most efficient way possible.

The funding deficit of defined benefit (DB) schemes dropped almost 30% to £194.7bn over November, according to the Pension Protection Fund's (PPF) latest update.

Equalisation problems from the 1990s are increasingly coming out of the woodwork as more schemes go down the bulk annuity route. The consequences can be enormous but there are ways to tackle it, writes Stephanie Baxter

A victory for trustees in a landmark High Court battle would result in employers being scared to agree to recovery plans, the lawyer for British Airways (BA) has argued.

International Accounting Standards Board chairman, Hans Hoogervorst, has said arguments to change the accounting standard are "flawed" as it should reflect the economic reality, no matter how ugly.

UK pension schemes' average allocation to bonds has risen to over 50% for the first time according to The Pension Protection Fund's (PPF's) Purple Book.

Tata Steel UK has agreed with unions to start consulting on closing the British Steel Pension Scheme (BSPS) and replacing it with a "competitive" defined contribution (DC) arrangement.

Private sector defined benefit (DB) schemes have seen a significant increase in running costs per member since 2015, according to the Pensions and Lifetime Savings Association's annual survey.

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.