Defined Benefit

Mayors and councillors to access LGPS under proposals

Funding ratio increases to 129.8% and liabilities up by 0.6% due to slight drop in gilt yields

Broadstone tracker finds compensation fall driven by ‘strong equity performance’ and gilt yields

Overall mortality in first three quarters of 2025 lower than same period of any other year

Organisation plans to distribute surplus to scheme members from year five onwards

Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance

Consultancy says DB funding levels have seen steady ‘positive progression’

The AMNT’s Maggie Rodger and John Flynn say the failure to index pre-1997 service is causing ‘significant angst’

Some administrators of Somerfield scheme to move to First Actuarial Manchester office

Scheme shift follows KPMG supported review of options