Defined Benefit

Deficits in FTSE350 pension schemes are at the lowest levels compared to the financial strength of their sponsors since before the last recession, according to PwC.

Respondents to PP research were divided over whether the Pension Protection Fund (PPF) had succeeded in keeping its annual levy stable and predictable.

Fuller Smith and Turner will close its final salary scheme to future accrual next year, the company has announced.

Kcom has transferred a £16m secured loan to an asset-backed contribution arrangement (ABC) set up to fund its scheme.

Pension funds have been warned that there is room for interest rates to fall even further after the European Central Bank (ECB) slashed rates in the eurozone.

Sainsbury's has added two further properties with a value of £103m to a partnership set up to fund the J Sainsbury Pension Scheme.

Jack Jones looks at the latest alterations to the way levies are calculated

Xafinity has signed an agreement to use RiskFirst's PFaroe risk management platform throughout its advisory and investment business.

The trustees of Ford's three UK pension schemes have appointed Punter Southall to provide daily estimates of their liabilities.

The Merchant Navy Officers' Pension Fund, (MNOPF) has run a nationwide series of forums to reassure members ahead of the completion of a £1.3bn buyout of its Old Section.