DB

The 2016 Purple Book was published by the Pension Protection Fund (PPF) on 8 December 2016. This contains further evidence that larger defined benefit pension schemes continue to engage in risk...
The cost of operating defined benefit (DB) schemes has increased by 37% in one year is a key finding in the Pensions and Lifetime Savings Association (PLSA) 42nd Annual Survey published today. Since...
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies fell from £149bn at the end of October to £127bn on 30 November 2016 according to Mercer’s...
The UK Government has published its long-awaited further consultation on “GMP equalisation”, that is, equalising for the impact of unequal Guaranteed Minimum Pensions (GMPs) between men and women,...
Legal & General Group Plc (Legal & General) has completed a £1.1bn pension buyout for the Vickers Group Pension Scheme – part of the Rolls-Royce Group – covering over 11,000 members. This is...
The total UK defined benefit deficit now stands at  £825bn, having gone down  by £35bn since the US election result. It is also down by over £200bn from a record high of over £1 trillion in August...
Legal & General Group Plc (“Legal & General”) has completed a £1.1 billion pension buyout for the Vickers Group Pension Scheme – part of the Rolls-Royce Group – covering over 11,000 members....
The aggregate deficit of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 Index has decreased to £328.9bn at the end of October 2016, from a deficit of £419.7bn at the end of September...
The Pensions Regulator (TPR) has confirmed that following a complex investigation it has formally begun enforcement action to seek redress on behalf of the BHS pension schemes and their 20,000...
Relaxing legislation: will the government take a steely approach? Asks Alison Hills, Wedlake Bell