defined benefit

Three unions are prepared to ballot 1200 members of 1600 workers at Northumbrian Water and Essex and Suffolk Water over proposals to axe the company's final salary scheme.

Tesco will provide staff with concessions after plans to close its final salary defined benefit (DB) pension scheme triggered a flood of complaints from employees and unions, according to reports.

Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.

What China's slowdown means for UK schemes

Pension transfer requests out of defined benefit (DB) schemes doubled after the relaxation of defined contribution (DC) retirement processes, according to one provider.

The FTSE 100 index has plummeted 14% from its peak of almost 7,000 in February to 5,996 as fears over Chinese stocks took hold.

Blue chips have halved deficit payments since 2012

Cancer Research has closed its UK defined benefit pension (DB) scheme to future accruals, the charity announced in its latest financial report.

Two trade unions have called for Nestle to put on hold plans to close its career average defined benefit (DB) scheme until its actuarial valuation in December.

Reconciliation is going to be an expensive nightmare for the LGPS