defined benefit

The FTSE 100 index has plummeted 14% from its peak of almost 7,000 in February to 5,996 as fears over Chinese stocks took hold.

Blue chips have halved deficit payments since 2012

Cancer Research has closed its UK defined benefit pension (DB) scheme to future accruals, the charity announced in its latest financial report.

Two trade unions have called for Nestle to put on hold plans to close its career average defined benefit (DB) scheme until its actuarial valuation in December.

Reconciliation is going to be an expensive nightmare for the LGPS

Deficit recovery contributions from employers into the Social Housing Pension Scheme (SHPS) will be boosted by £32m a year to improve the scheme's funding position.

Environment Agency Pension Fund (EAPF) has increased investments in the sustainable and green economy to more than a quarter of the fund, according to its annual 2014-15 report.

The biggest ever overhaul of public sector pensions are expected to save the government more than £430bn by 2061/2062, according to HM Treasury.

The Pension Protection Fund (PPF) reached a surplus of £3.6bn at the end of March, according to its 2014/15 annual report and accounts.

The planned sale of Aga has been dubbed a win for the trustees of its deficit-ridden DB scheme but Stephanie Baxter finds this is just the start of the journey.