Defined Benefit

Pensions liabilities have risen by 60% over the last five years, compared to a 40% rise in assets, according to KPMG research.

The Pension Protection Fund (PPF) could take ownership of UK Coal in a deal to prevent the company entering compulsory liquidation, reports The Times.

The government's review of Local Government Pension Scheme (LGPS) efficiency risks destabilising reforms already underway, industry figures have warned.

Provisions for the Local Government Pension Scheme's (LGPS) new governance structure will not be in place when the scheme goes live in April 2014, the Department for Communities and Local Government (DCLG) says.

Two out of five contributors think none of the Department for Work and Pensions' preferred options for defined benefit-lite will find favour with employers. Among those who thought some of the ideas might be taken up, the majority thought cash balance...

Jack Jones says the regulator has got it right

Pensions minister Steve Webb has created a working group to consider reforming multi-employer defined benefit schemes to help charities struggling with liabilities.

Linklater’s Phil Goss and Alasdair Smith ask if Kodak’s settlement with TPR and the PPF will open the floodgates

Buck Consultants is consulting with its UK employees on closing its defined benefit final salary offering by the end of 2014, PP has learnt.

Two groups representing London councils have published reports with contradictory conclusions on the viability of a local government pension scheme (LGPS) merger.