First Actuarial

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.

A union proposal for Royal Mail to create a risk sharing scheme has brought back the idea of defined ambition. Stephanie Baxter looks at how it would work and if it could set a blueprint for others

A new index hopes to demonstrate the economic case for annuities in comparison to cash ISAs, equities and drawdown, but is this really possible? James Phillips reports

There is much discussion on how consolidation will bring real benefits to schemes but Hilary Salt is not so sure.

Henry Tapper discusses the highs and lows of DB transfers.