Defined Benefit

The Pensions Regulator's (TPR) defined benefit (DB) code of practice has been dismissed as ‘500 pages of garbage' by BESTrutees chairman and former non-executive director at the watchdog Alan Pickering.

Only 12% of charities see having a defined benefit (DB) pension scheme as essential for recruitment, mostly in order to compete with the public sector, according to the Charity Finance Group (CFG).

A British Airways (BA) pensioner will not continue with a Pensions Ombudsman (PO) complaint against the Airways Pension Scheme (APS) trustees as they have become embroiled in a court battle with the airline.

The Pensions Ombudsman (PO) has ruled in favour of the trustees of the Airways Pension Scheme (APS) in the latest twist in a long-running battle over indexation.

Pension industry organisations have criticised the Department for Work and Pensions' (DWP) decision to block the use of statutory override for former public sector pensions.

Jack Jones looks at the industry’s response to TPR’s proposals on overseeing defined benefit

Jack Jones on the watchdog's difficult balancing act

Naomi Rainey explores difficulties schemes will face due to HMRC’s interpretation of an ECJ ruling

Pensions minister Steve Webb has confirmed the government will explore changes to Pension Protection Fund (PPF) rules to help employees of companies which operate in other countries as well as the UK.

Engineering firm WS Atkins has agreed a 12-year recovery plan to close its scheme's £430m deficit.