Defined Benefit

Punter Southall Investment Consulting has designed a service to reduce the complexity, administration and costs of de-risking strategies.

David Cameron has been asked to interfere in the pensions dispute between Tata Steel and four trade unions.

Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).

The total deficit of schemes in the Pension Protection Fund (PPF) 7800 Index has fallen by more than a third since the record high of £367.5bn in January.

Four unions have agreed to take strike action at Tata Steel in their ongoing dispute over pensions.

The Railways Pension Scheme will look to partner with other pension funds as it seeks the best ways to increase its exposure to illiquid assets.

Unite members have voted to strike over Tata Steel's plan to close the British Steel pension scheme (BSPS) and make employees work five more years to get their full pension.

Transfer values have dropped by 2.2% since 31 March 2015 which underscores the volatility of transfer values during those two months says Xafinity.

PwC's Jonathon Land says understanding covenant strength is vital as trustees approach tough funding discussions

The pensions industry has rejected concerns that transfer values are too stingy, although many think it is time for a new methodology.