Defined Benefit

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.

The collective deficit of FTSE 350 defined benefit (DB) pension schemes increased 91% last year, according to research.

Soaring deficits in 2014 have raised concerns as to the damage quantitative easing is doing to pensions. Ros Altmann takes a closer look.

Proposals to give savers the right to request information on their schemes will rebuild trust in the pensions industry, according to a think tank.

Deficits of workplace defined benefit schemes have risen by 66% since the end of 2013 as a result of plummeting bond yields, according to JLT Employee Benefits' monthly index.

Criminals are refocusing their attention on those aged 55 and over who will soon have access to the new pension freedoms and flexibilities, Standard Life says.

The Pensions Regulator (TPR) has issued a warning notice to Guinness Peat Group in an attempt to force it to pay more money into the Coats Pension Plan.

The Royal Mail pension scheme talks about the success of its administration service to Natasha Browne