Defined Benefit

The total deficit of schemes in the Pension Protection Fund (PPF) 7800 index fell to £262.5bn at the end of October as both gilt yields and equity markets rose.

The trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has appointed Towers Watson to provide fiduciary management services to the £850m scheme.

How small schemes can behave more like bigger ones

Dairy Crest has bought back properties owned by its defined benefit (DB) pension scheme ahead of the sale of the group's dairies business in December.

There are plenty of alternatives to just closing schemes

LCP has been hired to advise the Rebus Insurance Services Limited Final Salary Pension Scheme (2003).

Ensign Pensions is to stop providing services to the Merchant Navy Ratings Pension Fund (MPRPF) over concerns conflicts of interest.

Almost one in eight calls to Fidelity's Retirement Service in October was from people enquiring about how to use their defined benefit (DB) pots following the April pension freedoms.

Crisis averted, for now

Universities Superannuation Scheme (USS), Canadian OPSEU Pension Trust (OPTrust) and Dutch PGGM, have agreed to buy 100% shares in a Spanish infrastructure company for up to €420m (£300m).