Defined Benefit

Helen Morrissey looks at the implications of the Treasury announcement on transfers

The Financial Conduct Authority (FCA) has found evidence of poor pension transfer advice with regards to enhance transfer value (ETV) exercises.

What you need to know about the Budget changes

The Pensions Regulator (TPR) investigated 785 cases of potential non-compliance with auto-enrolment (AE) between April 2013 and March 2014, latest figures reveal.

The cut in pensions tax relief has reduced the proportion of FTSE250 executives who rely on defined contribution (DC) provision only, according to LCP.

Mercer has teamed up with Zurich to launch a longevity hedging product for smaller and mid-sized defined benefit pension schemes.

How to approach the end of contracting out

The Merchant Navy Officers Pension Fund (MNOPF) has tied up a £1.3bn buyout of its old section that includes a one-off discretionary increase for all members.

STV has agreed an accelerated deficit recovery plan with trustees of its two defined benefit (DB) schemes after protracted negotiations.

Proposals for a credit rating override in the Pension Protection Fund (PPF) levy framework could create an uneven playing field and significantly increase levies for big firms, warns Towers Watson.