defined benefit
Defined Benefit
Tata Steel UK's intention to close the British Steel Pension Scheme (BSPS) to future accrual has been "raised" in discussions with unions, according to a lawyer close to the matter.
10 November 2016
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4 min read
Defined Benefit
Sainsbury's has seen the shortfall of its defined benefit (DB) scheme increase to £1.1bn by 24 September following a "significant" fall in discount rates.
10 November 2016
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1 min read
Defined Benefit
The government has rejected the accusation it gave advice to former workers at the UK Atomic Energy Agency when it was privatised two decades ago.
28 October 2016
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2 min read
Law and Regulation
The Department for Work and Pensions (DWP) will consider giving The Pensions Regulator (TPR) additional powers should they be needed, pensions minister Richard Harrington says.
19 October 2016
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2 min read
Law and Regulation
The Pensions Regulator (TPR) and the Pension Protection Fund (PPF) have both called for the watchdog to have stronger and more punitive regulatory powers.
11 October 2016
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3 min read
Industry
Cost and a lack of information are behind many retirees' decisions to shun advice when making retirement income choices.
07 October 2016
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5 min read
Defined Benefit
Shajahan Alam says giving DB schemes flexibility to reduce inflation linkage sounds a lot simpler than it would be in practice.
06 October 2016
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4 min read
Admin / Technology
People born in the 1980s are now more likely to be members of a pension scheme than those born a decade earlier, according to the Institute for Fiscal Studies (IFS).
30 September 2016
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2 min read
Defined Benefit
Graham Vidler highlights the key difficulties faced by defined benefit schemes.
29 September 2016
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3 min read
Industry
The number of active members of occupational schemes has returned to the record high set 33 years ago, according to the Office for National Statistics (ONS).
22 September 2016
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3 min read
