News

Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....

Respondents say there is not enough clarity on what ESG means.

This week's top stories included TPT Retirement Solutions consolidating the £30m Hinckley and Rugby Building Society's defined benefit scheme, and Guy Opperman becoming the second-longest serving pensions minister.

The trustees of the Universities Superannuation Scheme (USS) have set out three potential funding arrangements as the £64bn defined benefit (DB) section of the plan seeks to agree a 2018 valuation.

The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).

Debenhams' creditors have passed a company voluntary arrangement (CVA), meaning its defined benefit (DB) schemes will leave Pension Protection Fund (PPF) assessment if the process completes successfully.

The government needs to urgently provide clarity, substance and timing on key changes to the Local Government Pension Scheme (LGPS), the Pensions and Lifetime Savings Association (PLSA) has said.

British Steel financial adviser and former managing director of Active Wealth UK Darren Reynolds advised a group of people from the Trinity Mirror pension scheme to transfer out of their defined benefit (DB) pensions.

The Association of Member Nominated Trustees (AMNT) has announced its training programme has been accredited and it will now be able to issue Continuing Professional Development (CPD) certificates.

A parliamentary group has been set up to introduce a national strategy which focuses on the benefits of longevity, rather than the "problems" of an ageing UK population.