Defined Benefit

Defined Benefit

AG Barr completes £35m buy-in with Canada Life

The trustee of soft drinks manufacturer AG Barr's defined benefit scheme has insured 50% of its total pensioner liabilities through Canada Life.

clock 27 September 2016 • 3 min read

Defined Benefit

BMW faces union backlash over DB closure plans

Unite has vowed to fight “tooth-and-claw” against BMW’s proposal to close its two defined benefit (DB) schemes to future accrual from 1 June 2017.

clock 27 September 2016 • 1 min read

Defined Benefit

2016 DB transfers-in already exceed last year's total - Old Mutual Wealth

Some customers requesting second cash equivalent transfer values

clock 27 September 2016 • 2 min read

Defined Benefit

How to measure DB deficits

Anthony Hilton's recent article on DB deficits has got everyone talking about how they should be calculated. However, Helen Morrissey doubts she will see any consensus any time soon.

clock 27 September 2016 • 1 min read

Defined Benefit

Change to statutory indexation and scheme valuation method needed, WPC told

The Pensions Regulator (TPR) needs a more preventative and flexible approach to protect the Pension Protection Fund (PPF), the Work and Pensions Committee (WPC) has been told.

clock 26 September 2016 • 4 min read

Defined Benefit

FTSE 100 pension costs could double in three years

The cost of defined benefit (DB) schemes sponsored by FTSE 100 companies could double from £7bn to £14bn per annum by 2019, according to JLT Employee Benefits.

clock 26 September 2016 • 2 min read

Defined Benefit

LGPS must explain costs properly to avoid misunderstandings

Failure to communicate Local Government Pension Scheme (LGPS) investment costs in the right way could lead to misunderstandings among members, says Jeff Houston.

clock 23 September 2016 • 1 min read

Defined Benefit

Co-op's pension surplus rockets 78% in a year

The Co-operative Group has reported a £564m increase in the combined surplus of its defined benefit (DB) schemes.

clock 23 September 2016 • 1 min read

Defined Benefit

Keating: How can we deal with DB deficits?

Evening Standard's columnist Anthony Hilton's critique of how the industry deals with defined benefit deficits sparked much debate with Redington's Dan Mikulskis writing a rebuttal for Professional Pensions. Con Keating gives his view.

clock 23 September 2016 • 4 min read

Defined Benefit

How can we close the DB funding gap?

As the issue of DB deficits continues to cause headaches, Charlotte Moore looks at how they can be dealt with.

clock 22 September 2016 • 9 min read
Trustpilot