Defined Benefit

Defined Benefit

Local government pension schemes to become 'governance leaders'?

Andy Todd discusses the opportunities asset pooling brings for local government funds

clock 02 November 2016 • 4 min read

Defined Benefit

Workers at AWE vote overwhelmingly for strike action over pensions

Workers at the Atomic Weapons Establishment (AWE) have voted overwhelmingly for strike action over the company’s plans to close its defined benefit (DB) scheme.

clock 01 November 2016 • 2 min read

Defined Benefit

Hymans Robertson: More than half of FTSE 350 schemes cashflow negative

The number of FTSE 350 defined benefit (DB) plans which are cashflow negative has increased from 50% to 57% over the course of the year according to Hymans Robertson.

clock 01 November 2016 • 2 min read

Law and Regulation

British Airways: APS trustees wanted scheme to be in deficit

Trustees of the Airways Pension Scheme (APS) believed it would be a "lost opportunity" if the scheme ran a surplus, a lawyer for British Airways (BA) has argued.

clock 01 November 2016 • 2 min read

Defined Benefit

One-third of over 40s would consider DB to DC transfers to access pension freedoms

Nearly one-in-three retirement savers would consider transferring final salary pension benefits to defined contribution schemes, latest research shows.

clock 01 November 2016 • 2 min read

Law and Regulation

British Airways: APS trustees felt subject to 'four-pronged attack' and turned on advisers

British Airways' (BA) scheme trustees turned on their advisers and put pressure on them to change their advice, the High Court has heard.

clock 31 October 2016 • 3 min read

Defined Benefit

Pension-related insolvencies could be prevented by more stringent accounting

IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.

clock 31 October 2016 • 7 min read

Defined Benefit

What MPs are being told about the future of DB

MPs are considering a wide range of views on how to solve the DB 'crisis'. James Phillips rounds up the responses.

clock 28 October 2016 • 7 min read

Defined Benefit

Government rejects idea it gave 'advice' to pensioners at UK Atomic Energy Agency

The government has rejected the accusation it gave advice to former workers at the UK Atomic Energy Agency when it was privatised two decades ago.

clock 28 October 2016 • 2 min read

Defined Benefit

Smiths Industries Pension Scheme concludes £250m buy-in

The Smiths Industries Pension Scheme has concluded a £250m buy-in with Pension Insurance Corporation (PIC).

clock 28 October 2016 • 1 min read
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