Defined Benefit

The Local Government Pension Scheme (LGPS) is at risk of falling into a cash flow crisis following years of lax governance, Centre for Policy Studies research fellow Michael Johnson has warned.

John Redwood explains why low oil prices are good news for institutional investors

Towers Watson has launched an off-shore longevity hedging service to give medium-sized schemes direct access to the reinsurance market.

The MacDermid Canning Pension Scheme has bought out its 670-member scheme using Aon Hewitt's implemented annuities service.

A methodology for assessing longevity basis risk developed by Hymans Robertson and Cass Business School will help bring index-based longevity swaps into the mainstream, say actuaries.

The total deficit of schemes covered by the Pension Protection Fund (PPF) has climbed to its highest level since April 2013, latest figures show.

The Universities Superannuation Scheme (USS) has agreed to carry out a broad survey of members to discover their views on non-financial investment concerns.

Partnership has completed a £206m buy-in covering high value members of a "multi-billion pound scheme" in the biggest medically underwritten bulk annuity deal to date.

PP has launched an event to guide defined benefit (DB) trustees and managers ahead of the incoming pensions flexibilities at an event next year.

The biggest stories on PP this week include the winners of our first investment awards, the end of the death tax on annuities and the emergence of a market in distressed pensions debt. Here's what you might have missed.