defined benefit

There are just over 1.3 million people out of the UK's workforce of 30 million actively contributing to a defined benefit (DB) pension scheme, according to research.

Trustees affected by the changes to the definition of money purchase have until 31 March to update The Pensions Regulator (TPR) and submit their first valuation.

Hugh Grover tells PP why he does not recommend adoption of the model across the LGPS

A growing volume of quotation requests triggered by ‘freedom and choice' reforms will be the top challenge for administrators in 2015 according to the Pensions Administration Standards Association (PASA).

The government has abandoned the requirement for defined benefit (DB) members to take regulated advice before transferring a small pot into a defined contribution (DC) scheme.

Members of the University and College Union (UCU) have voted to put proposals for revised pensions benefits to trustees of the Universities Superannuation Scheme (USS).

Industry insiders who become trustees at collective defined contribution (CDC) schemes could ruin them according to First Actuarial founder Hilary Salt.

Should consultants really be on the hook if an investment decision goes wrong?

The Pensions Regulator (TPR) is set to launch a consultation on fresh guidance for defined benefit (DB) trustees handling transfer requests.

Rothesay Life has revealed it agreed a deal to hedge £300m of longevity risk in December, taking the value of benefits reinsured by the firm over the year to £2.8bn.