defined benefit

Pension professionals believe the industry spends too much time dealing with problems that affect a small number of high earners, according to PP research.

Martin Boniface has been made executive director at JLT Employee Benefits and will be responsible for running the trustee and corporate consulting arm of the business.

Active membership of defined benefit (DB) schemes has remained stable in the last year dropping by just 3.4% according to the Purple Book.

Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.

Deficits of UK defined benefit (DB) schemes rose £36bn to £264bn last month as a result of falling interest rates, figures show.

A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.

Central banks are set to go indifferent directions

A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.

The Smiths Group has cut contributions to the Smiths Industries Pension Scheme (SIPS) by 60% after a dramatic improvement in funding levels allowed trustees to de-risk its investments.

Total UK defined benefit (DB) pension deficits shrunk slightly in October but still stand at £228bn, according to figures from JLT Employee Benefits.