Defined Benefit

The 600 Group has closed its UK defined benefit scheme to future accrual and said it does not expect to make significant contributions to it in foreseeable future.

The government has confirmed the cap on compensation paid by the Pension Protection Fund (PPF) will be adjusted to give more money to long-serving employees with large pension pots.

The trustees of the Lafarge UK Pension Plan have appointed Towers Watson to act as fiduciary manager of its entire £2.6bn fund.

LCP has been appointed as investment advisor to the Wedgwood Group Pension Plan.

The Department for Work and Pensions (DWP) is set to announce changes to the cap on benefits paid out by the Pension Protection Fund (PPF), PP has learned.

The Department for Communities and Local Government (DCLG) has formally launched its call for evidence into co-operation in the Local Government Pension Scheme (LGPS).

DCLG reveals which schemes pay the most for admin and fund management

The settlement which saw the Kodak Pension Plan (KPP) take ownership of two of its former sponsor's businesses has been approved by a bankruptcy court in the US.

Department for Communities and Local Government (DCLG) has launched a third consultation into draft regulations for next year's local authority pension reforms.

The accounting deficit of Dixons' UK defined benefit scheme rose from £261.9m to £406.4m over the 12 months to the end of April.