defined benefit

The proportion of Defined Benefit (DB) schemes open to new entrants is expected to fall from 25% to 18% by 2010 and 14% in the next 5-10 years, according to Watson Wyatt's Pension Plan Design Survey 2008.

Pension Insurance Corporation has launched a new insurance product to protect defined benefit pension funds and their sponsors against the cost of pensioners living longer than expected.

The Pensions Regulator is placing "unnecessary pressure" on defined benefit pension schemes by suggesting it would use long cohort mortality projections for future regulatory scrutiny, according to the National Association of Pension Funds (NAPF).

Savers will have the opportunity to take small benefits from occupational pension schemes as a lump sum, according to the Budget.

The occupational pension scheme crisis began 40 years ago when membership peaked, according to a report by Policy Exchange.

Defined benefit (DB) pension scheme trustees will face increased scrutiny if their mortality assumptions appear weaker than the long cohort assumption under a consultation published by the Pensions Regulator today.

The European Commission should create a single occupational pension market, the European Fund and Asset Management Association (EFAMA) says.

The Pensions Regulator will begin defined benefit (DB) scheme funding workshops next month.

A total of 60% of companies are looking to hedge longevity risks within their pension schemes, according to research from management consultancy Watson Wyatt.

A pension scheme ‘confederation' offering to take closed defined benefit (DB) pensions off the balance sheets of companies launches today.