defined benefit

Graham Vidler highlights the key difficulties faced by defined benefit schemes.

The number of active members of occupational schemes has returned to the record high set 33 years ago, according to the Office for National Statistics (ONS).

Ian Scott has joined the Pension Protection Fund (PPF) in a new role as head of investment strategy.

Pitmans Trustees (PTL) has appointed Lesley Peek as client manager to oversee the day-to-day management and governance of defined benefit (DB) and defined contribution (DC) schemes.

Margaret Snowdon has been appointed by HM Treasury to join the steering group for the pensions dashboard prototype project.

The Pension Protection Fund (PPF) has launched a consultation on changes to actuarial assumptions in valuations used in sponsor insolvencies and to determine risk-based levies.

The total funding level of the Pension Protection Fund (PPF) 7800 index has worsened for the fourth month in a row, after further gilt yield falls.

Nearly three-quarters (73%) of staff would welcome monthly pension checks during work hours according to Aegon research.

Associated British Foods (ABF) expects its defined benefit (DB) scheme to have a £200m deficit by the end of 2016 due to tumbling bond yields.

The Citizens Advice pension scheme has selected Punter Southall to provide a range of services.