Defined Benefit

The government has set out plans for reforms to judicial pension arrangements that will also incorporate fee-paid judges following lengthy court cases.

Premier has launched a suite of defined benefit (DB), defined contribution (DC) and death in service master trusts.

Employers believe the Code of Good Practice attached to Pension Incentive Exercises (PIEs) has improved the reputation of such moves but reduced take-up rates, government research finds.

The number of savers putting enough money into their pension to secure an adequate retirement is at its highest level since 2009 at 53%, according to Scottish Widows research.

The Pensions Regulator (TPR) has used its latest annual funding statement to urge trustees facing difficult negotiations make greater use of flexibilities in the funding regime.

The Pensions Regulator has urged trustees and employers to "work in a collaborative and transparent way" on scheme funding in its latest defined benefit code of practice.

The nine key points from the regulator's new code of practice

Members of the Visteon pension fund have accepted a £28m settlement with former employer Ford over losses suffered when the scheme entered the Pension Protection Fund (PPF).

A FTSE100 firm has become the first company to use a surety bond as part of its scheme funding strategy after securing a £400m transaction, says Aon Hewitt.

Pension deficits have increased for the third consecutive month, according to data published by Mercer.