Defined Benefit

The final batch of regulations for Local Government Pension Scheme (LGPS) 2014 has been laid before Parliament.

HM Revenue and Customs has announced measures to help defined benefit (DB) schemes handle the administration associated with the abolition of contracting out.

The John Lewis Partnership defined benefit (DB) scheme's total accounting deficit hit £1bn in January 2014, its latest results show.

Blackrock chief executive officer (CEO) Larry Fink has said many schemes are not counting the cost of longevity which could have a detrimental impact on their liabilities.

Jack Jones asks whether it is inevitable all bulk deals will be medically underwritten in future

The Pension Protection Fund (PPF) is consulting on changes to the valuation assumptions it uses, which could increase the number of schemes entering the lifeboat fund.

Bedfordshire Fire and Rescue Service has appointed the London Pension Fund Authority (LPFA) to provide third-party administration and payroll services.

Defined benefit (DB) pension schemes are more satisfied with their investment consultants (83%) than defined contribution (DC) plans (79%), according to the National Association of Pension Funds (NAPF).

The number of active members of defined benefit (DB) schemes who have contracted out of the additional state pension fell between 2008 and 2012, says the Office for National Statistics (ONS).

British Polythene Industries (BPI) is to restructure a property-backed funding partnership with its scheme after an intervention from the Financial Reporting Council (FRC).