The combined defined benefit (DB) deficit increased by £2.5bn over August to £65.3bn on a section 179 basis, according to the Pension Protection Fund's (PPF) latest update.
This was an increase of 4% from the end of July for the 5,588 schemes in the PPF's 7800 index. The position has improved from a year ago, when a deficit of £155.6bn was recorded. Over the month, liabilities...
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2019 estimates on the various measures…
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.
A typical defined benefit (DB) scheme was able to meet 93.7% of its accrued pension rights as of 30 September this year, according to Legal & General Investment Management (LGIM).