Defined Benefit

Talks are continuing between staff and management at the Financial Times after journalists voted overwhelmingly to strike over proposed pension changes.

Trustees of the Brunel pension fund have agreed a recovery plan with the scheme's sponsor, which is being investigated by The Pensions Regulator (TPR) over concerns about a corporate restructuring.

The Smiths Group has cut contributions to the Smiths Industries Pension Scheme (SIPS) by 60% after a dramatic improvement in funding levels allowed trustees to de-risk its investments.

Hybrid schemes lead to much better governance and investment outcomes than pure defined contribution (DC) or defined benefit (DB), according to a report by the 300 Club.

Scottish Widows has entered the bulk annuity market and expects to announce its first deal in the coming weeks.

Assessing employer covenant is not a one-off process

Counting the cost of QE

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