DB

Over 90% of firms would welcome changes in the law that would allow defined benefit schemes to move to CPI indexation of benefits (as opposed to RPI or any other higher indexation provision in scheme...
The Pensions Regulator has used its powers to ensure members of a closed defined benefit (DB) scheme receive Pension Protection Fund (PPF) compensation after the scheme’s rules were changed. Former...
FTSE 100 defined benefit (DB) pensions currently have ongoing costs of approximately £7bn a year, but this could double to £14bn over the next three years, if no action is taken, according to...
Sion Cole, Aon Hewitt, examines an investment solution that has extremely high levels of satisfaction across the board
A quarter of independent trustees believe sponsor failure – also known as “covenant risk” – is one of the biggest risks to defined benefit (DB) schemes. Yet 43% of independent trustees say long-term...
Around three quarters of the UK’s 6,000 defined benefit (DB) schemes link annual pension increases to the Retail Price Index (RPI). Some schemes are bound by the wording in their rules to use RPI as...
The government has confirmed it will introduce the necessary legislation to increase the Pension Protection Fund (PPF) compensation limit for long serving employees. The limit will be increased from...
The Pension Protection Fund (PPF) has published its consultation document on changes to the Pension Protection Levy for 2017/18. The document sets out a proposed mechanism for stakeholders to notify...
Total membership of occupational pension schemes in the UK was 33.5 million in 2015, the highest level ever, representing an increase of 10% compared with 2014 (30.4 million). These estimates exclude...
The government has confirmed it will introduce the necessary legislation to increase the Pension Protection Fund (PPF) compensation limit for long serving employees The limit will be increased from...