Defined Benefit

Upcoming governance regulations for the Local Government Pension Scheme (LGPS) are likely to separate the roles of pension board and scheme manager, Department for Communities and Local Government (DCLG) official Bob Holloway suggests.

A number of pension funds are avoiding poor valuation results because of the fortunate timing of their three-year cycles, according to Hymans Robertson partner Patrick Bloomfield.

Tobacco investment is a "big example" of conflicts of interest in local authority pensions, Department for Communities and Local Government (DCLG) official Bob Holloway says.

The incoming Local Government Pension Scheme (LGPS) 2014 benefit structure may be changed in the next 10 years, Barnett Waddingham partner Graeme Muir warns.

Naomi Rainey looks at responses to DCLG and LGA’s call for evidence on the future of the scheme

Tesco has seen its defined benefit (DB) deficit rise after asset rises failed to halt liability increases with a fall in the discount rate.

Heating and plumbing giant Wolseley has seen its UK defined benefit (DB) deficit fall 90% due to strong asset rises, as the scheme closes to future accrual.

A rise in corporate bond yields has wiped out marketing and publishing conglomerate St Ives' £20m deficit, its final results show.

Trustees should focus on the operational processes of fiduciary managers in the initial stages of selecting a provider, says Aon Hewitt.

A "major" deal to sell off an international part of Lloyds Bank was brought to the brink of collapse due to the weight of pension commitments.