Defined Benefit

A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.

Steve Webb discusses the tricky issue of whether trustees should include cash equivalent transfer values on member statements

The aggregate accounting deficit of the FTSE 350's defined benefit (DB) schemes fell by a modest £3bn last month, according to Mercer's latest Pensions Risk Survey.

Unions have urged workers in the nuclear sector to accept planned pension reforms after "breakthrough" discussions with the energy minister, Jesse Norman.

Much of the industry has praised the regulator for striking a deal with Sir Philip Green over the BHS schemes and expressed a degree of relief.

The aggregate deficit of ITV's defined benefit (DB) schemes grew by 86% last year, according to the broadcaster's preliminary results.

Private sector pension deficits have stabilised as markets show resilience, but are still more than double what they were 12 months ago.

A scheme to allow British Home Stores (BHS) members to avoid large cuts through the Pension Protection Fund (PPF) could be the first to be assessed under new levy calculations.

The landmark agreement between the regulator and Sir Philip Green over British Home Stores (BHS), which will enable members to avoid the Pension Protection Fund (PPF), has been welcomed by the trustees.

The Pensions Regulator has published a 'quick guide' to the settlement reached with Sir Philip Green. Here are the key points in full…