Defined Benefit

PP looks at government plans to improve LGPS governance

Former TPR boss Tony Hobman says DC changes should not distract from DB challenges

The total deficit of schemes covered by the Pension Protection Fund (PPF) worsened in December according to the latest figures.

The pensions industry could see up to £6bn withdrawn from funds during the first four months of retirement freedoms according to Hymans Robertson.

A national framework to give local government pension scheme (LGPS) funds easier and cheaper access to legal services has been launched today.

Independent trustees need to upgrade their skills as demand for their services increases according to research published by law firm Gordons.

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it suspend its dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.

Engineering solutions provider Costain Group has taken further steps to manage obligations in its legacy defined benefit (DB) scheme.

The trustee of the £2.8bn Kingfisher Pension Scheme (KPS) has appointed Hymans Robertson as its scheme actuary and adviser.

The trustee of the Merchant Navy Officers Pension Fund (MNOPF) has hedged the longevity risk for £1.5bn of the scheme's members.