defined benefit

Public sector workers employed in higher education should be allowed to enrol into the National Employment Savings Trust NEST), universities and colleges say.

Pensions minister Steve Webb has said the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.

Britain's final salary pension funds have lost about £250bn of value as the eurozone debt crisis has mounted, according to the head of the Pension Corporation.

Members of Prudential's defined benefit scheme had their challenge over the legality of discretionary benefit increases to the High Court heard in the past few weeks.

Most small firms fail to keep pace with necessary increases in employer pension contributions, the Association of Consulting Actuaries (ACA) says.

Two men working at Pacific Continental Securities, the stockbroker which collapsed last year contributing to a £58m interim levy on investment advisers, have been fined a total of £100,000 and banned from working in financial services for market abuse....

Mark Lisle, compliance manager at Rowanmoor Pensions, takes a closer look at the government’s pensions proposals and finds DB schemes may benefit.

Individuals transferring from defined benefit (DB) to defined contribution (DC)schemes could be expected to sign a statement acknowledging the potential change it may cause to their benefits.

The value of public sector pensions has been cut by a quarter and future reform will need ‘trade-offs between adequacy and affordability', according to the Pensions Policy Institute (PPI).

New EU rules on the solvency of workplace pensions could force some Defined Benefit (DB) schemes to close, the National Association of Pension Funds (NAPF) warns.