Defined Benefit

Funding position of 50% hedged schemes climbed to 98.3% nearing self-sufficiency

PwC and XPS analysis find funding levels remain high despite narrow falls in surpluses

Consultancy says average transfer values hit £333,000, the second lowest level since 2015

PP joins PPF’s Shalin Bhagwan and James Emmott to discuss the latest DB scheme data

LCP conference attendees do not consider DB pensions to have been a success

Regulator confirms guidance on alternative funding arrangements to be published in 2024

Transfer values dipped below £150,000 due to an increase in gilt yields

For those preparing for retirement, the way ahead has rarely seemed less clear, says Jesal Mistry, Legal & General Investment Management (LGIM)'s Head of DC Investments.