defined benefit

Small employers and those who have not previously offered pensions are unlikely to adopt the Department for Work and Pensions' (DWP) defined ambition (DA) ideas, Steve Webb says.

Strong asset returns particularly from its bonds and cash allocation sees Dairy Credit reduce its deficit by £38m, its interim results show.

The Pensions Regulator's (TPR) guidance on double counting in multi-employer defined benefit (DB) schemes is misguided, widely cast and could force employers to cut deficit payments, according to lawyers.

Lloyds Banking Group (LBG) is consulting with scheme members on removing pensionable pay increases for active members of its defined benefit (DB) schemes.

Credit agency Experian has seen its IAS19 defined benefit (DB) surplus shrink after volatility in the discount rate used to calculate liabilities, its half year report shows.

Pensions minister Steve Webb says the upcoming consultation on defined ambition will not set out prescriptive single-model options for enhanced defined benefit (DB) and defined contribution (DC) provision.

Just Retirement has completed its first £3.2m individually underwritten buy-in of pensions in payment with a firm in the legal sector.

UK economic recovery can only be good news for DB schemes. Charlotte Moore reports

Despite a record number of claims, the PPF is in surplus and should look to cut its levies

Taha Lokhandwala speaks to the NAPF’s new DB and DC councils as the lobby group changes its internal structure