Defined Benefit

The Pension Protection Fund has bowed to pressure and increased next year's levy estimate by 15% instead of the 25% hike feared by some analysts.

The average length of deficit recovery plans agreed after the latest round of valuation will be three years longer than in 2011, according to research by PwC.

The Pension Protection Fund has set out its new rules for when and how it will make funding determinations.

Argos employees who are members of Unite have threatened more strike action unless the retailer resolves a dispute over the closure of its defined benefit scheme.

The number of active members in occupational schemes in the UK continues to slide according to figures from the Office for National Statistics.

A "somewhat surprising" intervention by the European Commission has made it unlikely pension funds will be successful in the Wheels VAT case, experts argue.

Lorica Employee Benefits has launched a de-risking tool that allows members to see what value their defined benefit entitlements are worth in the annuity market.

Rising equity markets coupled with a small increase in gilt yields helped scheme deficits improve by £2.7bn over August, according to the PPF 7800 index.

Higher long-term inflation expectations added £5bn to defined benefit scheme deficits in August, according to Mercer.

Firms have just four months to take action to limit the impact of revisions to accounting standard IAS19, Aon Hewitt says.