Defined Benefit

Sending all statements together will lead to call centre problems, says Kevin Martin

PP poll respondents were asked if they would prefer a full valuation every five years

The regulator will seek more granular details on bond allocations

Savers transferred around £2.8bn out of DB scheme

DB schemes likely to see an increase in liabilities

Oliver Morley and Lisa McCrory tell PP about a superb year for assets and member service

Probability of success hits highest-ever level in bounce back after Covid chaos

The government is seeking to implement a new contribution structure from next year

Comes after cost-control mechanism was paused following 2019 McCloud judgement

Research found just 24% of professional DB trustees have set a long-term funding target