Defined benefit (DB) schemes will either have to be bought out by an insurer or enter the Pension Protection Fund (PPF), Paul Masterton MP has predicted.
Closing the Universities Superannuation Scheme (USS) to future accrual would have "serious consequences" and alternative approaches should be explored, the University of Warwick's vice-chancellor has said.
Michael Klimes asks if the proposal to close USS to future accrual is realistic
This week we want to know if the UK is facing a crisis in the retirement income market and whether government concern about a rushed cold calling ban is valid.
The UK's 350 largest listed companies recorded just a £1bn fall in their defined benefit (DB) deficits over the course of October, Mercer's monthly update reveals.
The school of thought that says there is no sustainability problem with defined benefit (DB) schemes is based on assumptions very far off from what actually happened over the past three decades, according to Cardano's chief executive officer.
The collective deficit of defined benefit (DB) schemes fell 28% over the month according to the Pension Protection Fund's 7800 index.