De-risking

Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.

Any surplus funds the Pension Protection Fund (PPF) accumulates should not be returned to the levy payers who provided them, according to almost 60% of respondents.

The Halcrow Pensioners' Association (HPA) has withdrawn its Upper Tribunal challenge of the Halcrow Pension Scheme restructuring after facing the threat of spiralling legal costs.

Aegon has agreed an annuity referral partnership with Legal & General (L&G) as part of the insurer's plans to stop writing all new annuities in the fourth quarter.

Club Vita has joined forces with Legal & General (L&G) to make longevity insurance solutions more accessible for smaller defined benefit (DB) pension schemes.

Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall Aspire has warned.

The Brexit vote has increased the strain on companies funding DB funds. Kristian Brunt-Seymour explores how schemes can contingency plan in the face of uncertainty.

The Pensions Regulator (TPR) has said there is no legal basis for the Halcrow Pensioners' Association (HPA) to challenge the proposed restructuring of the scheme in the Upper Tribunal.

Lawyers acting on behalf of Halcrow Pensioners' Association (HPA) are disputing a proposed regulated apportionment arrangement (RAA) for the engineering company's defined benefit (DB) scheme.

The ICI Pension Fund has revealed it saved £10m by completing its latest buy-in with Legal & General (L&G) shortly after the EU referendum.