defined benefit

Drop driven by lower new business margins on lower sales

TPT talks about driving better governance, optimising value and improving outcomes

The three transactions insure £86m worth of premiums

Transaction covers three final salary schemes, securing the benefits of 1,671 members

Vidett says endgame planning, DC consolidation and dashboards will keep industry busy

Regulator reveals 74% of DB schemes are now closed to future accrual with just over 5,000 schemes remaining

Solution will provide ‘secure and compliant’ way to deploy surplus capital

Aggregate surpluses reached £252bn this year, with ‘slight dip’ in funding levels last month

Regulator launches initiative to explore approach of schemes to investing in growth assets

Smart acquires WS Stakeholder scheme, XPS DB funding analysis, TPTIM signs up first external FM client