Prospect is set to ballot workers at Atomic Weapons Establishment (AWE) for strike action over the company's plans to close its defined benefit (DB) scheme.
Unions have blasted ITV for putting members' retirement plans "in jeopardy" by planning to close its defined benefit (DB) scheme to future accrual.
Post Office employees are set to strike next week over the planned closure of its defined benefit (DB) scheme and branches.
Marks and Spencer (M&S) has confirmed it will close its defined benefit (DB) scheme to future accrual in April 2017, following a three month consultation.
Brick maker Ibstock is consulting on closing its defined benefit (DB) scheme to future accrual, potentially affecting 40% of the company's UK staff.
Deferred members dominate the DB universe but the high cost of insuring them makes bulk annuities out of reach for many schemes, even more so since the introduction of Solvency II. Kristian Brunt-Seymour explores what schemes can do.
Sponsor contribution levels for the FTSE 100 defined benefit (DB) schemes are the highest since 2009 according to an LCP survey.
Royal Mail's defined benefit (DB) scheme could be closed to future accrual after its contributions are set to more than double from 2018.
Amec Foster Wheeler has merged its two main defined benefit (DB) schemes into a defined contribution (DC) arrangement after closing the biggest fund to future accrual.
BBA Aviation has revealed it has closed its UK defined benefit (DB) scheme to future accrual, following a consultation with members.