Defined Benefit

BP has agreed to make more than £1.4bn of additional contributions to its pension schemes over the next five years in a bid to wipe out its deficit by 2017.

Royal Mail and Post Office workers part of the Unite union have overwhelmingly voted against a planned cap on pensionable pay increases.

Oxfordshire, Buckinghamshire and Berkshire County Councils are considering merging their Local Government Pension Scheme (LGPS) funds.

Cadbury will stop sending Christmas hampers to retired staff citing the pension scheme's costs as the reason, even though the scheme itself does not pay for the gifts.

One in six defined benefit (DB) sponsors are considering closing their schemes as one of a range of options when contracting out ends, according to Aon Hewitt.

Santander's combined defined benefit (DB) deficit has increased more than five times in the first half of the year, its interim results show.

Jack Jones warns the focus on DB could come at DC's expense

Respondents were split over what should happen to the cap on compensation from the Pension Protection Fund (PPF).

Jack Jones talks to LCP’s Bob Scott about the consultant’s 20th annual survey of pensions at FTSE100 firms

Taha Lokhandwala looks at how the availability of high quality corporate bonds affects schemes’ funding positions