DB scheme

Trustees fear their members are not equipped to deal with the risks they face when accessing their pension and worry those nearing retirement will face predatory attention from scammers, research by Wealth at Work reveals.

Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....

The Association of Consulting Actuaries (ACA) has received support for its proposed 'model scheme' to simplify defined benefit (DB) benefits alongside the conversion of guaranteed minimum pensions (GMPs).

XPS Pensions Group has revealed 70,000 defined benefit (DB) members are exercising pension freedoms each year, suggesting more education is needed to ensure better member outcomes.

UTV - the Ulster-based subsidiary of ITV - is planning to close its pension scheme to future accrual in a move it says is necessary to be fair to all employees.

Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up

Kerrin Rosenberg says DB schemes can't afford to suffer lousy returns over the short term and make it all back in 10 to 15 years' time, because many of the assets will be gone.

Equiniti has published its 2018 results, revealing a 7.5% fall in pension solution revenue over the course of last year.

The Pensions Regulator (TPR) will not conduct any further investigation into Johnston Press after its defined benefit (DB) scheme was pushed into Pension Protection Fund (PPF) assessment last year.

Mortality improvements have declined for yet another year, data from the Continuous Mortality Investigation (CMI) has revealed.