Defined Benefit

Sponsors must demonstrate a distinction between promoting growth and simply saving money in scheme deficit repair negotiations, The Pensions Regulator chief executive Bill Galvin says.

The Universities Superannuation Scheme's subsidiary USS Axle Pty has acquired Brisbane Airtrain for A$100m (£75.9m).

Kingfisher has increased its defined benefit surplus after closing its scheme to future accrual during the 2012/13 financial year, its preliminary results show.

Jack Jones looks at the implication for schemes of the proliferation of inflation measures produced by the ONS

John Gray highlights the challenges presented by LGPS boards

The amount employers are paying into schemes hit record levels last year as defined benefit deficits continued to warrant cash injections, research from Towers Watson shows.

Fujitsu Limited has paid £800m to Fujitsu UK and Ireland in order to "substantially improve" the funding position of its defined benefit schemes.

Mike Taylor hits back in the row over merging local government pension funds

Most contributors thought the failure of the Wheels test case would not have a big impact in schemes. The bid to secure tax relief on VAT paid on investment management charges was rejected by the European Courts of Justice earlier this month.

Pensions minister Steve Webb has said the abolition of contracting out, brought forward to 2016, does not mean defined ambition proposals must be finished earlier.