Defined Benefit

Newham Council has proposed creating an asset-backed special purpose vehicle (SPV) to reduce cash contributions to finance its defined benefit (DB) pension scheme.

4imprint is working to cut the liabilities in its defined benefit scheme by turning a £25m pensioner buy-in into a partial buyout and launching a liability transfer exercise for deferred members.

Honeywell International will take on the bulk of Melrose Industries' defined benefit (DB) pension schemes with the £3.3bn acquisition of its Elster business.

MIRA Retirement Benefits Scheme (MIRARBS) has secured a £70m buyout after agreeing to compromise its sponsor's statutory debt as part of a corporate restructuring.

The European Parliament looks set to water down controversial pension proposals in a move that has been hailed as a positive step by the National Association of Pension Funds (NAPF).

Reconciliation is going to be an expensive nightmare for the LGPS

Pearson has said it will contribute £90m to its pension scheme after completing the £844m sale of the FT Group to Nikkei.

Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.

Environment Agency Pension Fund (EAPF) has increased investments in the sustainable and green economy to more than a quarter of the fund, according to its annual 2014-15 report.

Natasha Browne takes a look at the key issues around DB contracting out ahead of the April 2016 deadline