Defined Benefit
Law and Regulation
A Lloyds Bank union is taking legal action to close the pay gap between men and women who took out guaranteed minimum pensions (GMPs).
08 August 2016
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2 min read
Defined Benefit
Royal Bank of Scotland's (RBS) defined benefit (DB) pension scheme has reached 120% funding after the bank made a big cash payment to plug its deficit hole.
08 August 2016
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1 min read
Defined Benefit
Defined benefit liabilities have risen by an eye-watering £70bn on the back of the Bank of England's (BoE) decision to cut interest rates and launch a new round of quantitative easing (QE).
05 August 2016
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2 min read
Defined Benefit
Damning research by the Pensions Institute has uncovered a number of ways by which sponsoring employers can shed or avoid their defined benefit (DB) deficits.
04 August 2016
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1 min read
Investment
The Bank of England's decision to cut interest rates for the first time in seven years will keep gilt yields lower for longer, increasing scheme deficits which are already at record highs.
04 August 2016
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3 min read
Defined Benefit
Royal Bank of Scotland (RBS) has resumed talks with unions over national insurance (NI) contribution costs being passed onto its 27,000 defined benefit (DB) scheme members.
04 August 2016
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2 min read
Defined Benefit
Transfer values hit a new high in July 2016, as gilt yields fell to a record low, according to Xafinity.
04 August 2016
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1 min read
Defined Benefit
Greggs' defined benefit (DB) pension deficit soared by £12.3m over twelve months, its interim report has revealed.
03 August 2016
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1 min read
Defined Benefit
The government should give the regulator more powers to prevent companies from avoiding defined benefit (DB) deficits, according to a Pensions Institute report.
03 August 2016
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4 min read
Law and Regulation
The method for calculating pension transfer redress following unsuitable advice looks set to be overhauled by the Financial Conduct Authority (FCA) later this year.
03 August 2016
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2 min read
