defined benefit

Three years after Freedom and Choice, many default funds still have not moved away from targeting annuity purchase. This could have unintended investment risks for members, writes Victoria Ticha

Sackers has appointed Paige Willis as an associate to boost the expansion of its London-based alternative funding and contingent asset practice.

Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.

The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).

GKN's proposed merger deal with Dana means over two thirds of the group's gross pension liabilities will remain with the engineering giant, according to Melrose.

GKN has reached an agreement with its scheme trustees as part of a $6bn (£4.3bn) proposal to merge its Driveline businesses with Dana Incorporated.

The Pensions Regulator (TPR) has revealed it has had a total of 24 meetings with Carillion, and 45 meetings with the trustees since 2008.

Total UK pension liabilities rose to approximately £7.6trn from 2010 to 2015, according to the latest data published by the Office for National Statistics (ONS).

Defined benefit (DB) transfer values remained stable throughout February, according to Xafinity's transfer value index.

Industry believes the CMA investigation into the investment consultant market has had no noticeable impact on their business activity.