DB

 The aggregate deficit of the 5,945 schemes in the PPF 7800 Index has increased over the month to £459.4bn at the end of August 2016, from a deficit of £376.8bnn at the end of July 2016. The funding...
Transfer values as measured by the Xafinity Transfer Value Index have hit a new record high:  At the end of August 2016 the Xafinity Transfer Value Index stood at £241,000. This is an increase of £16...
Low gilt yields are weakening the financial support required to maintain DB schemes, suggests Jane Evans, PricewaterhouseCoopers
Commenting on a letter from new pensions minister Richard Harrington MP to the Pensions Action Group, Steve Webb, director of policy at Royal London said: “Workers who have spent most of their...
The Pension Protection Fund (PPF) has updated its Restructuring Principles and Guidance for Insolvency Professionals. In order to ensure employers do not 'dump' schemes in the PPF, the organisation...
The combined pension deficit of the 56 companies in the FTSE 100 that disclosed a deficit at their 2015 year-end was £42.3bn. Those same companies paid dividends totalling £53.0bn, some 25% higher....
An agreement covering 7,600 UK employees of food and drink giant Nestlé has been agreed with GMB and Unite trade unions. The agreement – which is subject to trustee approval – will safeguard the...
A total of £2.7bn of pension buy-ins and buy-outs were completed by UK pension plans in the first half of 2016 marking a slower start to 2016 than in recent years (H1 2015: £4.4bn). LCP partner,...
Following its report on BHS the Work and Pensions Select Committee is investigating the operation of defined benefit schemes. Frank Field MP, chair of the Committee, said: “The lessons of BHS must be...
A £1bn longevity swap has been agreed with Abbey Life Assurance Company Limited , a wholly-owned subsidiary of Deutsche Bank AG, covering around 4,000 pensioner members of the Manweb Group of the...