Defined Benefit

Small schemes cost almost four times as much to run as big schemes and almost six times more than the largest funds, according to research from The Pensions Regulator (TPR).

The Institute and Faculty of Actuaries (IFoA) has launched an actuarial professional qualification and membership category to support increased demand for analysts.

The aggregate deficit of schemes in the PPF 7800 index dropped by an estimated £140.8bn last year, according to the Pension Protection Fund's (PPF) March 2014 update.

Labour is attempting to overturn a government ban on councillor access to the Local Government Pension Scheme (LGPS).

The London Pension Fund Authority's (LPFA) funding level climbed to 91% in the three years to 31 March 2013, its triennial valuation reveals.

Ford has offered to top up the pensions of former Visteon workers in a bid to end a long-running dispute which had been due to reach the High Court later this year.

The average funding level of university pension schemes rose 5% last year on the back of strong asset performance supported by deficit contributions, according to the latest data from Barnett Waddingham.

Just over a third of respondents think the number of member-nominated trustees (MNTs) on boards is shrinking as an increasing number of schemes close.

Naomi Rainey examines the potential impact of the government’s defined contribution revolution on defined benefit schemes

Kingfisher has seen the funding level of its defined benefit (DB) scheme drop from a £71m surplus to a £29m deficit.