DWP reveals opt-out rates 'remained consistent' with pre-contribution hike levels
Opt-out rates at the end of June 2018 "remained consistent" with levels before the April contribution rate increase, according the Department for Work and Pensions (DWP).
The number of people leaving their pension scheme rested at around the 9% level recorded in the government's auto-enrolment (AE) review, published this day last year. The report had predicted this would...
More on Defined Benefit
FTSE 350 DB spending drops £4bn in largest year-on-year fall in a decade
Aggregate spending on defined benefit (DB) pensions has dropped from £19bn to £15bn in 12 months, according to Hymans Robertson.
DB funding - November 2019: Global equity rally drives down deficits
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…
DB trustees urged to engage with advisers to avoid 'reputational damage'
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 sets out plans to overhaul DB offering; Unions join forces to quash proposals
Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.
Average DB scheme able to meet 94% of benefits
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).
