Defined Benefit

Deficit fall allows retailer to cut contributions and return money to shareholders

Around 15,000 have reached 100 or over as of 2024, compared to half as many 20 years ago

PP survey finds 49% say run-on could become mainstream strategy for DB schemes over a five-year period

Consultancy’s Scam Flag Index shows 94% of cases raised at least one scam warning flag in July

Aon research finds 4% reduction in number of schemes that offered increases in 2024 compared to 2023

Funding ratio rises to 127.7% on a section 179 basis after long-dated bond yields increased

Move will create pool with around £110bn of investments across 18 partner funds

The UK defined benefit (DB) pensions market has seen a huge amount of change in the last 12 months, shaped by a confluence of regulatory and market developments