Defined Benefit

A High Court judge has criticised British Airways (BA) for leaving the trustees of its pension scheme at risk of bearing the defence costs of an ongoing court case.

Pension deficits at the country's biggest firms rose in August as schemes continue to suffer the effects of historic low interest rates, research finds.

The Universities Superannuation Scheme (USS) has warned that it faces a difficult investing environment, despite increasing its funding ratio from 77% to 85% over the year to March.

The Co-operative Group has increased annual deficit contributions and made a one-off £30m payment to its scheme following the disposal of several parts of its business.

Pension fund trustees are increasingly responsible for managing risk, but lack the skills to do, according to research by a pension consultancy.

The Royal Bank of Scotland (RBS) Group Pension Scheme says its in-house investment team has generated an extra £1.1bn in value over the last four years.

Pension Insurance Corporation (PIC) increased its operating profit by 200% in the first half of the year following a string of new bulk annuity contracts.

Railpen Investments wants to have fewer and deeper relationships with asset managers after discovering that headline fees are around just a fifth of total fees.

Natasha Browne asks whether negative reaction to the outflow from US high yield was exaggerated

Some 30% of defined benefit (DB) pension schemes are significantly in surplus, according to Aon Hewitt.