The UK's 5,588 defined benefit (DB) schemes had a combined surplus of £382bn at the end of June, according to First Actuarial's best estimate index (FABI).
Calculated using best estimate returns on their assets, the surplus had increased 0.8% from the end of May, while the funding ratio stayed the same at 131%. According to the First Actuarial, liabilities...
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the October 2019 estimates on the various measures…
Justice Antony Zacaroli has approved the settlement deal between British Airways (BA) and the trustees of the Airways Pension Scheme (APS).
A lifeline for British Steel in the form of a Chinese buyout would have positive implications for its workers caught up in its defined benefit (DB) pension transfer scheme saga.
A panel of experts have shared their views on how DB schemes can make good consolidation decisions. Kim Kaveh reports from the PLSA’s annual conference .
Buck has launched an investment governance service which aims to help defined benefit (DB) schemes prepare for their endgame.