Defined Benefit

Procedural issue spotted as part of buyout due diligence for West Ferry Printers scheme

Baker says it will raise matching rates from 6% to 7% to help staff save for future

Readiness for buy-in or buyout continues to be key obstacle for endgame

Firm has provided LGPS fund with actuarial services since 2009

Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023

Consultancy says increasing gilt yields key factor in trend of decreasing transfer values

Sponsor and trustees now assessing transferring the scheme to a third party

Triennial funding valuation at 31 March 2024 reveals funding ratio of 104%

Research finds almost one in four UK firms with DB schemes issued a profit warning

PPF 7800 index shows aggregate funding level for DB schemes has risen to 127%