Defined Benefit

Naomi Rainey looks abroad for lessons on how a super fund structure could work

Premier Foods has closed its defined benefit scheme to existing members, the company has announced.

The multi-employer Lloyds Superannuation Fund has insured £40m of its liabilities with Pension Insurance Corporation (PIC).

PwC is to launch a new service for defined benefit (DB) trustees to help them manage conflicting advice on scheme finances and risk management.

The Pensions Regulator (TPR) blocked plans for the Co-operative group to retain a stake in its banking business over fears this would undermine its ability to support its defined benefit (DB) scheme, according to reports.

The Universities Superannuation Scheme (USS) increased its allocation to alternatives to 19% in the year to the end of March.

A buyout which kept the MF Global scheme out of the Pension Protection Fund (PPF) was only achieved after the scheme's insolvent employer was threatened with regulatory action, says The Pensions Regulator (TPR).

Trustees of Cooper Tire's UK scheme have asked The Pensions Regulator (TPR) to intervene in the sale of its US parent company to Apollo Tyres, according to reports in the Financial Times.

Hymans Robertson's long standing onlineNavigator tool has been updated to provide trustees with instant information on scheme funding levels and cash flows.

The Department for Communities and Local Government (DCLG) has confirmed it is considering a single, national Local Government Pension Scheme (LGPS) fund.