The Pension Protection Fund (PPF) and a private sector fund have enquired about joining the National Local Government Pension Scheme (LGPS) Frameworks, Norfolk Pension Fund head Nicola Mark says.
Allowing defined contribution (DC) members to buy pensions in defined benefit (DB) sections can significantly drive up liabilities, HSBC Bank Pension Trust chief executive Lesley Alexander warns.
The Local Government Pension Scheme (LGPS) and other public sector schemes should consolidate to become "one of the world's largest sovereign wealth funds", London Pension Fund Authority (LPFA) chairman Edmund Truell says.
Jack Jones says UK Plc can't pin all its woes on pension costs
Trustees are being oversold esoteric asset-backed contribution structures (ABCs) and find it difficult to compare what they are giving up as part of the transactions, Lincoln International Pensions Advisory claims.
The Carillion Defined Benefit (DB) Pension Trustee has agreed a longevity swap with Deutsche Bank covering £1bn of liabilities within its five schemes.
The cost of running a defined benefit (DB) scheme is preventing firms from investing, according to research carried out by the Confederation of British Industry (CBI).
Jack Jones looks at the findings from the CBI’s biennial pensions survey
Scottish companies have seen deficits in their defined benefit (DB) pension schemes increase from £3.2bn to £6bn over the past year, according to a report.
Trustees of the Airways Pension Scheme have been forced to put on hold a discretionary increase in payments after British Airways launched legal proceedings to block the move.