Defined Benefit

Defined benefit (DB) schemes' deficits have fallen on average over 2013 and funding levels have remained high, JLT Employee Benefits (JLT EB) figures show.

Premier Foods is in talks with trustees of its defined benefit (DB) scheme to reduce its liabilities as part of a corporate restructuring, according to reports in the Financial Times (FT).

The Department for Communities and Local Government (DCLG) has issued a consultation on its "generous" pension offer for firefighters.

BAE Systems has selected PwC's online analysis platform, Skyval, to monitor and manage its obligations across the company's seven UK schemes.

A judge has ruled The Pensions Regulator (TPR) may issue multiple contribution notices to Lehman Brothers companies that exceed the value of its scheme's section 75 (s75) debt.

The Pension Protection Fund (PPF) has appointed six firms to its newly-created audit services panel, launched to improve the assessment process.

AstraZeneca Pension Fund Trustee has agreed a longevity swap with Deutsche Bank covering £2.5bn of liabilities and around 10,000 pensioners.

Pensions minister Steve Webb is to meet representatives of Ford Motor Company to discuss the plight of ex-workers who transferred their pensions to Visteon.

A lack of knowledge and skills is preventing pension scheme trustees from making confident decisions, according to Mercer.

The Local Government Pension Scheme (LGPS) shadow national advisory board will meet to discuss the future structure of the scheme next week, Councillor Kieran Quinn says.