The UK should appreciate its defined benefit (DB) system and not make hasty reforms which undermine its sustainability according to the Trades Union Congress (TUC).
The industry has come up with various ways to solve the numerous challenges faced by DB schemes. Kristian Brunt-Seymour examines responses to the DB Taskforce's call for evidence.
Concerns have been raised about making members more aware of risks to their defined benefit (DB) pensions, for fear of leading to panic and knee-jerk reactions.
The de-risking phenomenon is drying up long-term investment in younger generations as companies are forced to put more into defined benefit (DB) schemes, according to Ashok Gupta.
The Pensions and Lifetime Savings Association's DB taskforce is exploring whether members should be better informed about the risks to their benefits. Kristian Brunt-Seymour looks at how this could work
Defined benefit (DB) scheme members need to be made more aware of the risks to their benefits according to the Pensions and Lifetime Savings Association's Ashok Gupta.