Defined Benefit

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.

Companies should consider early adoption of the revised IAS19 as it impacts risk-management strategies, a consultant warns.

The Retail Prices Index should not be brought in line with the Consumer Prices Index, AXA Investment Managers has argued, ahead of a decision by the Office for National Statistics later this week.

Asset-backed funding arrangements became more prevalent in 2012 as a wider variety of companies used a greater array of assets to fund deficits, says KPMG.