Defined Benefit

The deficit in Tesco's defined benefit scheme grew from £1.8bn to £2.6bn over the year to the end of February.

The Consumer Prices Index (CPI) fell for a sixth consecutive month in March to hit a four-year low, according to latest figures from the Office for National Statistics (ONS).

Seven out of ten pension industry members back extending defined contribution (DC) flexibilities to defined benefit (DB) members, according to an Aon Hewitt survey.

Small schemes cost almost four times as much to run as big schemes and almost six times more than the largest funds, according to research from The Pensions Regulator (TPR).

The Institute and Faculty of Actuaries (IFoA) has launched an actuarial professional qualification and membership category to support increased demand for analysts.

The aggregate deficit of schemes in the PPF 7800 index dropped by an estimated £140.8bn last year, according to the Pension Protection Fund's (PPF) March 2014 update.

Labour is attempting to overturn a government ban on councillor access to the Local Government Pension Scheme (LGPS).

The London Pension Fund Authority's (LPFA) funding level climbed to 91% in the three years to 31 March 2013, its triennial valuation reveals.

Ford has offered to top up the pensions of former Visteon workers in a bid to end a long-running dispute which had been due to reach the High Court later this year.

The average funding level of university pension schemes rose 5% last year on the back of strong asset performance supported by deficit contributions, according to the latest data from Barnett Waddingham.