Defined Benefit

Scottish local authority fund remains heavily invested in equities for 89,000 members

Schemes need to consider how to weight 2020 mortality data in their assumptions

Information request to FCA reveals ‘dramatic difference’ in client decisions

Findings show majority of FTSE 350 schemes are back on track to reach their funding goals

Cashflow-driven investing (CDI) is about meeting the outcome that matters most to pension schemes - being able to pay out liabilities as they fall due.

Complicated tax rules mean many NHS doctors are better off declining promotions and extra hours

Schemes must be on their guard as trapped surpluses become a clear and present danger.

XPS has called the increase “disappointing” and called for robust management from trustees

Tool to limit taxpayer costs and ensure fair benefits was expected to be ‘extraordinary’

The agreement will help protect the benefits of 16,500 members in the underfunded scheme