Defined Benefit

Jack Jones looks at the significance of movements in measures of scheme funding

Brighton Rock’s Con Keating says as the worker population shrinks its benefits bargaining power will grow

Firefighters in England and Wales will strike over pension reform on Wednesday 25 September, the Fire Bridges Union (FBU) confirms.

Life expectancy at retirement fell over 2012 according to the latest update of the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).

The Lancashire County Pension Fund has agreed to re-allocate £150m of its investment portfolio from global equities to local infrastructure projects.

Exactly half of Buzz respondents believe the proportion of assets in fully delegated fiduciary management mandates will increase over the next few years.

The transformation of MyCSP from a government agency to a mutual joint venture was hampered by complexity and poor data, the National Audit Office (NAO) has found.

John Lewis Partnership has seen an £87m increase in its defined benefit (DB) scheme deficit despite pumping in more than £50m, its interim results show.

Trustees who continue to pay bridging pensions beyond age 65 to reflect the rise in state pension age (SPA) could be in breach of trust, according to PTL managing director Richard Butcher.

The total deficit of private sector UK defined benefit (DB) schemes increased by £100bn last month as rising inflation expectations pushed up liabilities, figures show.