Risk Reduction

Tesco has agreed to pay £270m in cash each year to plug the £3.9bn deficit of its defined benefit (DB) pension scheme.

Pension deficits of UK companies have risen by £107bn since March 2014, according to research.

A shipping firm has completed a £23m medically underwritten buy-in with Partnership to insure the benefits of approximately 140 members.

The cost of insuring a UK defined benefit (DB) scheme has risen in the past year as prices fell in other markets, according to Mercer.

The Lothian Pension Fund has announced its deficit almost tripled to £417m over the last three years as the scheme continues to bring more asset management in house.

Lack of proper accounting across European public sector pension schemes is hiding the true extent of their liabilities, according to International Accounting Standards Board (IASB) chairman Hans Hoogervorst.

The total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have fallen by 32% after hitting record levels in January.

Andrew Waring talks about buy-ins, buyouts, longevity swaps and multi-employer DC arrangements

Age at death will increasingly cluster in the early 90s according to a study by academics from Cass Business School in partnership with the International Longevity Centre (ILC UK).

The news was dominated by plans from the three main parties to cut tax relief and increase auto-enrolment contributions this week. Here's what you might have missed.