First Actuarial

Henry Tapper says removing NDAs between operators and fund managers is a critical step in the journey towards assessing value for money

Hilary Salt says there should be room for professional judgement, otherwise there is herding around similar answers

Defined benefit (DB) schemes recorded a £295bn surplus at the end of May, according to First Actuarial's best-estimate index (FABI).

While the government moots allowing schemes to swap indices when rules are rigid, James Phillips explores whether a new index could end the debate

With one in eight DB schemes still open to new members, Michael Klimes explores the argument that they should be run differently from closed ones

This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.

The British Steel Pension Scheme (BSPS) could have a £2bn surplus when using best estimate investment return assumptions, analysis by First Actuarial has suggested.

The upcoming general election is an opportunity to put forward a bolder pension policy says Hilary Salt.

Helen Morrissey gauges industry reaction to TPR's investment guidelines for defined benefit schemes

Defined benefit (DB) schemes increased their surplus over February when using realistic investment return assumptions, according to First Actuarial.