Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.
The British-Dutch consumer goods giant informed staff of preliminary plans to close its DB scheme for new starters and reduce the value of pension provisions for current members yesterday (2 December)....
James Riley says sustainability involves balance, and one of the key areas where this needs to be struck is DB funding.
Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.
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).