Defined benefit (DB) schemes at the UK's 100 largest listed companies had a £3bn accounting surplus at the end of July, according to JLT Employee Benefits.
The consultant said this is the first time in nearly a decade where there has been no aggregate shortfall for FTSE 100 firms - with assets totalling £676bn on the IAS 19 measure, and liabilities recorded...
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…
Marian Elliott looks at the three questions trustees should ask to understand the route to endgame.
Close to £10bn was transferred out of defined benefit (DB) pension schemes in the last quarter of 2019, according to figures from the Office for National Statistics (ONS).
FTSE 350 companies with defined benefit (DB) pension schemes have been hit particularly hard by the economic crisis caused by Covid-19, latest research from Barnett Waddingham shows.
Bank of England (BoE) governor Andrew Bailey is understood to have warned against superfund consolidation of defined benefit (DB) pension schemes less than a week after the entities were given the green light by The Pensions Regulator (TPR).