Defined Benefit

The Pensions Institute has called for urgent action after its research found one in ten defined benefit (DB) schemes would "never ever" pay benefits in full.

The rate of defined benefit (DB) scheme closure among FTSE 100 companies is gathering pace, according to research by JLT Employee Benefits.

The biggest stories on PP this week include AMNT launching its red lines initiative to give trustees more voting power and HSBC slashing 'pension' payouts for top executives. Here are the top five

Workers at EDF Energy have backed a deal negotiated by GMB and Unison which allows new entrants access to a defined benefit (DB) pension scheme.

The last 12 months could set the scene for more upheaval

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.