What does a good member outcome for DB members look like?
There is a lack of clarity over DB funding targets. Adolfo Aponte says more transparency in this area could have significant benefits.
The defined benefit (DB) pensions industry has long lacked clarity over what a good outcome on the security of members' benefits looks like. The aspiration is obviously for all benefits to be paid in full....
More on Defined Benefit
Pension funding levels on the up
Pensions schemes are better funded now than this time last year, according to PwC’s annual Pension Scheme Funding Survey.
FTSE 350 DB spending drops £4bn in largest year-on-year fall in a decade
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
DB funding - November 2019: Global equity rally drives down deficits
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…
DB trustees urged to engage with advisers to avoid 'reputational damage'
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals
Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.
