Members of the Universities Superannuation Scheme (USS) have been sent a revised offer pledging to maintain current benefits alongside existing contribution levels until April next year.
The offer, made by Universities UK (UUK), ditches an earlier plan to increase contributions for both employers and employees, while also reaffirming a commitment to establish an independent panel to consider...
Growing market volatility could adversely affect defined benefit (DB) schemes nearing buyout over the next five years, Barnett Waddingham says.
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…
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.
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.
Just Group is exploring a defined benefit (DB) de-risking partnering approach as part of the development of a capital light fee business, according to its half-year results.