defined benefit

HMRC position conflicts with legislation and trustees remain unwilling to launch challenge

Capital buffer in place to fund first £1bn in transactions and ‘active discussions’ underway

Brightwell, USS and LGPS executives say robust governance is vital in current landscape

Less than half of schemes regularly use simulations to test incident response plans

Draft rules pose practical challenges for sharing DB surplus with members

XPS poll finds over half expect surplus to be shared with members in the next three years

LCP research finds 60% say potential for sponsor refunds should factor into scheme strategy

Poll of 400 industry professionals reveals changing outlook for the sector

Firm claims economies of scale will make run-on strategies more realistic for schemes

TPT research finds larger schemes reported the biggest hikes