defined benefit

Most industry figures think defined benefit (DB) schemes will have to cut benefits to tackle spiralling deficits, according to PP research.

Barnett Waddingham has been appointed administrator for the University of Reading's Employees' Pension Fund (UREPF).

The government should take action to ensure more money is paid out to Allied Steel and Wire (ASW) pensions according to MP Gordon Henderson.

Sponsors of defined benefit (DB) schemes could face a £100bn bill as members look to transfer to defined contribution (DC) arrangements to take advantage of incoming ‘freedom and choice' rules.

The Pensions Advisory Service (TPAS) has warned the public's perception of pensions could be damaged by disappointment in the Budget flexibilities.

Proposals to let defined benefit (DB) members with small pots transfer out without taking advice are supported by the industry, according to research carried out by PP.

Morrisons is planning to shut its salary-linked pension schemes in a move that could save it up to £10m a year.

Kingfisher has selected a private cloud hosting service for the administration of its £2.8bn defined benefit (DB) pension scheme.

DWP should allow ‘freedom and choice’ for small DB pots, Natasha Browne says

John Lewis partnership has decided to switch its final salary pension scheme into a hybrid defined benefit (DB) and defined contribution (DC) scheme.