Defined Benefit

Top stories this week include a call to ban DB to DC transfers, criticism for Now Pensions and lots of helpful stuff on 'freedom and choice'. Here's what you might have missed.

Pension deficits of UK companies have risen by £107bn since March 2014, according to research.

The majority of people accessing their pensions for the first time will be overpaying tax, Prudential head of business development Vince Smith-Hughes has warned.

HM Treasury has "no plans" to changes the valuation factor currently used to test DB benefits against the lifetime allowance despite growing calls for a review, PP reveals.

PP looks at the issues schemes will have to address after 6 April

The government has been urged to ban defined benefit to (DB) to defined contribution (DC) transfers to minimise "complexity and confusion" after April 6.

Asset managers are charging higher fees than ever with fees for some mandates rising up to 60% over the previous five years, according to research by LCP.

The Secretary of State is looking for a public sector pensions expert to lead the national Local Government Pension Scheme (LGPS) advisory board.

Most savers do not know how much money they have amassed in their pension pot, research finds.

The IFoA responds to criticism that scheme actuaries are hamstrung by fear of conflicts