defined benefit

The Western United Group Pension Scheme, one of Vestey Group's schemes, has agreed a £115m buy-in with Rothesay Life.

Cornwall Pension Fund has selected AXA Investment Managers to manage a £50 million LDI mandate.

The implementation of the single-tier state pension will cost the Exchequer £265m, according to official figures released today.

The state pension reforms announced yesterday have been widely welcomed as a much-needed simplification, but where there are winners, there must be losers.

Prime Minister David Cameron denied the end of contracting out will create a wave of further closures of final salary pension schemes.

Capital Cranfield Trustees has named Bob Bridges as its chairman.

This afternoon the government will unveil its long-awaited state pension white paper, revealing decisions on the future of contracting out and increasing the state pension age in line with life expectancy.

The ‘no change' announcement by the Office for National Statistics has added £20bn to FTSE100 deficits as gilt market expectations for inflation increased.

FTSE250 IT services provider Computacenter has reached an agreement with the Communication Workers Union over scrapping the firm's dependents death in service pension benefit.

The European Insurance and Occupational Pensions Authority has warned of a "worrying decrease" in the funding provisions within defined benefit schemes in the UK.