Defined Benefit
Law and Regulation
The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.
20 February 2017
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2 min read
Defined Benefit
There could be a case to suspend indexation for schemes which are underfunded and where sponsors are in stress, the government has said.
20 February 2017
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2 min read
Defined Benefit
Tata Steel's proposal to close the British Steel Pension Scheme (BSPS) and replace it with a defined contribution (DC) plan has been accepted by steelworkers.
15 February 2017
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3 min read
Defined Benefit
The aggregate deficit of the UK's defined benefit (DB) schemes fell by £27.4bn during January, almost eliminating the growth seen in December.
14 February 2017
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2 min read
Law and Regulation
The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.
13 February 2017
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3 min read
Defined Benefit
Consolidating DB schemes could prove a solution for small schemes with significant deficits, but how can the UK move ahead? James Phillips reports
10 February 2017
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7 min read
Defined Benefit
Frank Field has praised the appointment of a specialist counsel by the Insolvency Service (IS) as part of its enquiry into the demise of British Home Stores (BHS).
10 February 2017
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1 min read
Defined Benefit
Defined benefit (DB) schme members should have access to the government's new £1,500 advice allowance, the industry has said.
10 February 2017
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5 min read
Defined Benefit
Most Local Pension Boards have been running for 18 months now. William Bourne gives some insight into challenges faced and how to move forward
09 February 2017
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3 min read
Defined Benefit
Only a fifth of defined benefit (DB) members believe they can make an informed decision to transfer out of their scheme, a survey has revealed.
09 February 2017
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1 min read
