Defined Benefit

The Merchant Navy Officers Pension Fund has raised its funding level by 10% since 2012.

The Pension Protection Fund (PPF) has completed the largest transfer since it brought member services in-house by absorbing five sections of the industry-wide Coal schemes.

The Kingfisher Pension Scheme has undergone a £230m medically underwritten buy-in with Legal & General (L&G) in a landmark deal for the bulk annuity market.

Pension Insurance Corporation (PIC) has written £900m of bulk annuity premiums in the first quarter of 2016 according to its end of year results.

Early state pension access for women affected by the age increase could lead to flexibility for everyone.

A ‘No' vote in the EU referendum could be risky for schemes but it would remove the threat of the holistic balance sheet (HBS), says PTL.

Former Financial Conduct Authority (FCA) long-term savings and pensions director Nick Poyntz-Wright has joined Just Retirement Ltd.

Retirees can benefit from combining annuity and drawdown into their investment portfolio to avoid significant financial hardship in old age, according to a study.

PP looks at a potential solution to the cashflow problem as schemes mature.

The number of transfers from defined benefit (DB) to defined contribution (DC) schemes has been lower than expected, according to the Financial Reporting Council (FRC).