Marks and Spencer (M&S) has announced proposals to close its UK defined benefit (DB) scheme to future accrual as it sets out a turnaround plan for the business.
The plans for a "fairer, simpler and more consistent approach" to pensions will involve enrolling current DB members into the retailer's defined contribution plan from April 2017. The company said in...
The BT Pension Scheme (BTPS) slashed its deficit by £3.3bn in the three years between its 2017 and 2020 valuations, it announced today, remaining on track to meet a 2030 full funding target.
Pacific Life Re has reinsured around £190m of pensioner and deferred liabilities held by a UK bulk annuity provider.
DWS has launched a private and structured credit solution for small- to medium-sized defined benefit (DB) pension schemes.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. Here are the April 2021 estimates on the various measures…
Defined benefit (DB) savers may be accumulating too much in pension savings too soon, taking away from other financial priorities and choices, according to the Institute for Fiscal Studies (IFS).