Defined Benefit

ITV is consulting over changes to its scheme - including capping the growth of pensionable salary - in a bid to reduce its pension scheme deficit of £538m.

Only three FTSE100 companies - Cadbury, Diageo and Tesco - still offer defined benefit pension schemes to new employees, Lane Clark & Peacock research reveals.

Any significant reform of MPs pensions should wait until a wider review of public sector pensions that seems likely following the general election next year, The Association of Consulting Actuaries says.

Pension scheme deficits have failed to improve despite significant rises in equity markets, latest research reveals.

The Pension Protection Fund has announced that it will be establishing a group of senior business figures and others to help develop further its proposals for the long-term future of its pension protection levy.

Claims by business groups and opposition politicians that public sector pensions are unaffordable and could produce easy immediate public expenditure savings are all myths, the Trades Union Congress says.

IBM is consulting on plans to close its defined benefit pension schemes to existing members.

It could not have been a worse week for defined benefit pension scheme provision in the UK.

Communisis is set to de-risk up to three-quarters of its scheme liabilities in a programme of buyouts, buy-ins and enhanced transfer offers.

A handful of MPs want their own final salary scheme to be scrapped because it is "too generous".