Defined Benefit

The government's proposed cap on redundancy payoffs in the public sector would require complex changes to the Local Government Pension Scheme (LGPS) regulations, the industry has warned.

Increases in life expectancy have slowed significantly over the last four years according to the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).

Executives at blue chip companies had average employer contributions worth 34.1% of salary last year, according to the Trades Union Congress (TUC).

The National Association of Pension Funds (NAPF) has appointed Frank Johnson as chair of its defined benefit (DB) council, and Richard Butcher as chair of its defined contribution (DC) council.

PP looks at what is in store for public sector schemes

What are the big challenges facing schemes?

Just Retirement and Partnership are looking to raise £150m in equity capital to help meet the costs of their planned £1.6bn merger announced in August.

This week's top stories include a new campaign by the government to boost awareness about the single tier state pension; changes the PPF is making to the levy rules and tax relief

Haynes Publishing Group has shut its defined benefit (DB) pension scheme to new entrants as the company's revenues have fallen in the past year.

Ian Barnes looks at how schemes can tackle cash flow negativity