Defined Benefit

Children's charity Barnardo's has announced it will close its defined benefit scheme ahead of auto-enrolment.

Pension Insurance Corporation has signed a second £30m bulk annuity deal with the Cookson Group Pension Plan, following its first buy-in in 2012.

The smallest occupational schemes will only have to send scheme returns to The Pensions Regulator once every five years under the draft pensions bill published today.

The trustee of the Britvic Northern Ireland pension plan has appointed Buck Consultants to provide complete pension services.

HMV's pension scheme is likely to enter Pension Protection Fund assessment despite a scheme apportionment arrangement in 2011, after the company announced its intention to enter administration today.

Controlling funding status volatility has topped trustees' wish lists for 2013, according to an SEI poll.

Actuaries claim public sector workers will gain from the abolition of contracting out but unions contend it could derail public sector scheme reform.

Representatives from the Nortel Networks UK Pension Plan and the Pension Protection Fund have travelled to Canada in a bid to secure more than $2bn (£1.2bn) from an international mediation.

The Pension Protection Fund is likely to lose a 33% stake in Jessops after the high-street camera retailer entered administration.

The Superannuation Arrangements of the Universities of London has banned transfers in from any scheme not in the public sector transfer club.