Defined Benefit

Guy Coughlan has been appointed chief financial risk officer at the Universities Superannuation Scheme (USS).

Actuarial firms have become more competitive in the UK but the scope of services and charges varies. Michael Klimes investigates

EU Commissioner Lord Jonathan Hill has given reassurance that he will have the last say over controversial EU proposals on scheme funding.

Top stories this week include trustees banned over an £11m scam, criticism of compliance-focused actuaries and plans to let people cash in annuities. Here's what you might have missed.

The government is consulting on relaxing the employer debt regime that requires firms to pay their portion of any deficit in full when they leave a multi-employer scheme.

While last year's Budget put the focus firmly on DC, trustees still need to be aware of potential risks in their DB scheme say Peter Murphy and Arshad Khan.

The Pension Protection Fund (PPF) is developing plans to bring some of its asset management in-house as it expects to see external manager fees rise 50% this year.

Hilary Salt warns quick-fix compliance is replacing professional judgement

The total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have fallen by 32% after hitting record levels in January.

Delaying the tightening of pension transfer regulation until after the April pension freedoms could result in two months of confusion and poor decisions, it has been said.