Defined Benefit

The Pensions Regulator (TPR) has published guidance on integrated risk management that advisers say will serve as a "wake-up call" to trustees of defined benefit (DB) schemes.

Top stories on PP this week include a boat builder not paying three months of contributions and unions rejecting a proposal from United Utilities to shut a DB scheme

Active membership of defined benefit (DB) schemes has remained stable in the last year dropping by just 3.4% according to the Purple Book.

The number of people transferring out of defined benefit (DB) schemes each month doubled over the last year, according to figures from Xafinity.

Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.

Workers at United Utilities are set to vote on industrial action if the firm goes ahead with plans to close its defined benefit (DB) scheme.

Deficits of UK defined benefit (DB) schemes rose £36bn to £264bn last month as a result of falling interest rates, figures show.

Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".

The RAC (2003) Pension Scheme has completed a £600m longevity swap with Scor Se, which could be a watershed in how small schemes manage longevity risk.

Rupert Brindley believes good times are just around the corner for struggling defined benefit schemes