DB

An estimated £15bn a year has been paid into the pension schemes of FTSE350 companies according to Mercer over the last five years. Despite this, the size of defined benefit (DB) pension scheme...
Do not underestimate the ingenuity of businesses and advisers to milk and dump their pension schemes. This is the stark warning from a new research paper published today by the Pensions Institute at...
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £119bn on 30 June 2016 to £139bn at the end of Jul according to Mercer’s...
Pension scheme deficits have once again soared to record levels, increasing by over £135 billion in the last 12 months to £390bn at the end of July according to JLT. Charles Cowling, director, JLT...
The Financial Assistance Scheme (FAS) will be closed to new applications from schemes from 1 September 2016.  The Pension Protection Fund (PPF) took responsibility for the management of FAS in 2009,...
The Court of Appeal has provisionally ruled that the current limits on the Pension Protection Fund’s compensation for final salary scheme members may be incompatible with European Law. This could...
Trustees should try to recoup pension overpayments, but the problem has to be handled with care, advises Christopher Stiles, Gowling
Follow the Pension Protection Fund’s publication of its reports showing a surplus, Joanne Shepard, senior consultant at Willis Towers Watson, commented: "It is possible that big pension scheme...
The Pension Protection Fund (PPF) has reported a strong financial position and healthy balance sheet in its 2015/16 Annual Report and Accounts, published today. The PPF figures show a £4.1bn surplus...
Nine Midlands based local government pension funds have submitted a detailed business case to the Government for the creation of a multi-asset investment pool called LGPS Central. The submission has...