Defined Benefit

The UK Coal pension schemes have taken a controlling stake in a property business that was split off from the scheme's sponsoring employer in an attempt to plug a £450m deficit.

The Department for Work and Pensions will review the Pension Protection Fund compensation cap over fears long-serving workers are receiving "penal" treatment.

The Pensions Policy Institute has rejected criticism of its methods used for calculating the effect of planned changes to public sector pensions.

Tate & Lyle has secured a £347m buy-in with Legal & General to cover 43% of its pensioner liabilities, in the biggest bulk annuity deal of the year.

The Pension Protection Fund has confirmed the method trustees must use to calculate guaranteed minimum pensions for schemes transferring into the lifeboat fund.

Concerns have been raised that the monitoring of incentive exercises will be based only on anecdotal evidence, whistleblowing and self-reporting.

Local government pension schemes sometimes show "inconsistencies" in their valuations, Bob Holloway, head of the LGPS2 Division at the Department for Communities and Local Government says.

Here it is. The full list of nine options for DB members breaching their annual allowance limits after today's changes.

How do you calculate how hard DB members will be hit by the new annual allowance rules? Our step-by-step guide to calculating deemed contributions for DB schemes will show you how.

The Department for Work and Pensions is to consult on giving The Pensions Regulator a statutory objective to consider the effect of recovery plans on sponsoring employers.