Defined Benefit

Associated British Foods’ UK scheme swings from deficit to large surplus during year

But minister says simplifications in the pensions system must start with DC

The £24bn schemes are aiming for ‘no later’ than 2050 to achieve their goal

Four claims for legal action were brought on the USS scheme earlier this week

USS trustees to ask High Court to refuse permission for members’ legal action

University academics have issued the proceedings over ongoing valuation concerns

Owed funds form the largest proportion of deficit in last-man-standing scheme

Trade body says regime will act as starting point to boost awareness of master trusts

Profit warnings almost double between Q2 and Q3 but remain below the 2020 peak