The total funding shortfall across Balfour Beatty's pension schemes rose by £85m to £231m over the course of 2016, driven by interest rate falls and contraction in credit spreads.
Out of the several defined benefit (DB) schemes that the infrastructure company sponsors, its liabilities from the Railways Pension Scheme increased the most over the year by £100m. This more than offset...
ITV has submitted a £31m offer to The Pensions Regulator (TPR) for the Box Clever Pension Scheme after being forced to set out how it would financially support the scheme following a lengthy court process.
In the first feature of a three-part series, Iain Clacher and Con Keating look back at the UK’s defined benefit universe, exploring why the schemes were set up, how they have changed, and the case for their creation.
Patrick Foster draws on his experience supporting trustees through insolvency events to set out what trustees need to prepare for.
The majority of defined benefit (DB) schemes have taken no material action to change their investment strategy or journey plan during the coronavirus pandemic, say Lane Clark & Peacock (LCP).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the July 2020 estimates on the various measures…