DB

Alan and Overy's Helen Powell highlights key issues for trustees for April 2015

FTSE350 firms' contributions to their defined benefit (DB) pension deficits are at the lowest level in five years, according to research by Barnett Waddingham.

Annuities will continue to be a substantial part of the at-retirement market in ten years' time, albeit smaller, according to new research by Towers Watson.

Members of private sector defined benefit schemes will be able to transfer to a defined contribution arrangement according to a written Ministerial Statement published ahead of the Budget consultation response.

The cost of running a defined benefit (DB) scheme is preventing firms from investing, according to research carried out by the Confederation of British Industry (CBI).

The Pensions Trust (TPT) is consulting with staff over whether to close its own career average defined benefit (DB) scheme to future accrual.

The Comet Pension Scheme deficit remained unchanged at €40m (£34m) last year, despite the scheme receiving additional contributions in a deal which released former sponsor Comet from its obligations.

Two out of five contributors think none of the Department for Work and Pensions' preferred options for defined benefit-lite will find favour with employers. Among those who thought some of the ideas might be taken up, the majority thought cash balance...

European schemes expect governance demands to escalate and investment decisions to become increasingly complex over the next five years, according to research from State Street Global Services.

John Chilman of First UK Bus explains to Taha Lokhandwala why he believes its pension scheme's accolades were well deserved.