Scheme contributions

The number of FTSE 350 defined benefit (DB) plans which are cashflow negative has increased from 50% to 57% over the course of the year according to Hymans Robertson.

IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.

John Lewis Partnership's defined benefit (DB) deficit has increased to £1.5bn as the company reveals a 15% profit fall for the second half of the year.

Lack of pension saving and lingering debts will mean many employees over 50 will be forced to put their retirement plans on hold, according to research by Aviva.

Figures show contribution rates fell between 2014 and 2015, amid concerns people could have to work until their 80s. Kristian Brunt-Seymour asks if legislative measures are the answer.

A considerable gap remains between public and private sector employer and employee contribution levels according to data from the Office of National Statistics (ONS).

Nearly half of employers do not have a strategy in place to deal with an ageing workforce according to research from Hargreaves Lansdown.

Merchant Navy Officers Pension Fund (MNOPF) will close its defined benefit (DB) scheme to future accrual and instead introduce a 30% defined contribution (DC) rate for members.

The majority of employees who contribute up to 5% of earnings into pensions face a significant gap between their actual and desired retirement income according to Punter Southall Aspire.

Royal Bank of Scotland (RBS) will pay ten years' worth of pension contributions into its defined benefit (DB) plan by March following IAS-driven changes to its accounting policies.