Have your say: Will there be any DB schemes open in 10 years' time?
In this week's Pensions Buzz we want to know if you think there will be any private sector defined benefit schemes still open to accrual within a decade.
Also, has the government made the right decisions on auto-enrolment by planning to make all savings up to £45,000 pensionable and expanding the programme to 18-year-olds? Finally, should the government...
More Defined Benefit
USS 'pushing regulator limits' as it submits 2018 valuation
The Universities Superannuation Scheme (USS) is expected to submit its 2018 valuation to The Pensions Regulator in the coming days, despite admitting it is “pushing their limits” in terms of acceptable risk.
FTSE 350 schemes nearing buyout exposed to excessive risk
Growing market volatility could adversely affect defined benefit (DB) schemes nearing buyout over the next five years, Barnett Waddingham says.
DB funding - August 2019: PPF 7800 funding collapses as gilt yields and equity returns tumble
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the August 2019 estimates on the various measures…
Exclusive: 90% of DB schemes have set a long-term funding target
Almost all UK defined benefit (DB) schemes (92%) have set clear long-term funding targets, with most focused on buyout or self-sufficiency, according to Aon.
GKN scheme splits into four and sees deficit reduction following Melrose acquisition
Melrose Industries has separated one of GKN's two defined benefit (DB) schemes into four sections allocated to the aerospace and automotive segments of the business, according to its half year results.