Defined Benefit

Sponsoring employers have been urged to apply pressure on trustees to make sure the full flexibility allowed in actuarial valuation assumptions is used, advisers say.

Lloyds Banking Group (LBG) is consulting with scheme members on removing pensionable pay increases for active members of its defined benefit (DB) schemes.

Credit agency Experian has seen its IAS19 defined benefit (DB) surplus shrink after volatility in the discount rate used to calculate liabilities, its half year report shows.

Deutsche Bank has launched a range of longevity indices it says will enable schemes to hedge longevity risk more quickly and cheaply.

National Local Government Pension Schemes (LGPS) Frameworks is about to launch a structure for global custody services.

Around 50 pensioners have filed cases with the small claims court against British Airways (BA) over changes to the Airways Pension Scheme's (APS) inflation protection.

The top 10 highlights from the latest edition of the Purple Book

Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.

Despite a record number of claims, the PPF is in surplus and should look to cut its levies

Many contributors said the conversion factor of 20 used when testing defined benefit (DB) schemes against the lifetime allowance (LTA) undervalued the benefits promised.