Triennial Valuations

BT will pay £1.5bn into its defined benefit (DB) pension scheme by April to tackle a £7bn deficit as part of an agreed recovery plan with the trustees.

Mitchells and Butlers has agreed a ten-year recovery plan with trustees of its defined benefit (DB) scheme, after its latest triennial valuation revealed a £527m shortfall.

Proposed changes to the Universities Superannuation Scheme (USS) are being justified by an overestimation of its deficit, according to University and College Union (UCU).

The Co-operative Group has increased annual deficit contributions and made a one-off £30m payment to its scheme following the disposal of several parts of its business.

Barnett Waddingham has unveiled an online valuation tool targeted at trustees and employers to help them comply with the updated defined benefit (DB) code of practice.

STV has agreed an accelerated deficit recovery plan with trustees of its two defined benefit (DB) schemes after protracted negotiations.

Triennial valuations are quickly "becoming a thing of the past" as three-quarters of trustees say it is important to have real time access to information says Hymans Robertson.

Severn Trent is set to contribute £75m over two years to help plug the deficit of its defined benefit schemes.

Naomi Rainey looks at the issues raised by 2013’s triennial valuation

The London Pension Fund Authority's (LPFA) funding level climbed to 91% in the three years to 31 March 2013, its triennial valuation reveals.