Defined Benefit

The Pension Protection Fund proposal to reduce the cap on its risk- based levy to 0.5% of liabilities has had a mixed reception.

FTSE 100 companies are in danger of sleepwalking into reporting an unnecessary £26bn of pension liabilities in their accounts, Hewitt Associates warns.

Over 1000 delegates have now registered to attend this year's Professional Pensions Show.

The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.

Jessops is set to sell its main operating company to a special purpose vehicle owned by its bank, pension scheme and an employee trust.

It's a good job that John Sergeant was only presenting last week's Scheme of the Year Awards and not judging them. He would have been slightly conflicted as he was a member of two of the winning schemes (no prizes for guessing which ones) and his wife...

Scheme managers are split over whether the retirement age should be increased to 70.

Three-fifths of employers are set to review their pension arrangements ahead of the introduction of auto-enrolment and personal accounts from 2012, latest research from the Association of Consulting Actuaries reveals.

UK - Barratt Developments has posted a £7.1m (US$11.6m) gain in income as a result of closing its defined benefit scheme to current employees.

Barratt Developments has posted a £7.1m gain in income as a result of closing its defined benefit scheme to current employees.