Defined Benefit

Pensions minister Steve Webb is to meet representatives of Ford Motor Company to discuss the plight of ex-workers who transferred their pensions to Visteon.

A lack of knowledge and skills is preventing pension scheme trustees from making confident decisions, according to Mercer.

The Local Government Pension Scheme (LGPS) shadow national advisory board will meet to discuss the future structure of the scheme next week, Councillor Kieran Quinn says.

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).