DB

The BT Pension Scheme has appointed Matt Davies to be its trustee director.  Davies succeeds Emily Clark who, having left BT, stepped down from the trustee board. Davies is chief finance officer...

The Pensions Regulator (TPR) has published new guidance to help defined benefit (DB) pension scheme trustees and employers understand and assess the full range of endgame options now available in the market....

Clara-Pensions, the consolidator for defined benefit pension schemes, has extended its partnership with longevity specialists Club Vita. Club Vita was established in 2008 and works with over 500 pension funds in the...

The government plans to unlock around £160 billion in surplus funds held in defined benefit (DB) pension schemes, as announced in the Final Pension Investment Review. Trustees and employers will have greater...

Gilt yields and lower long-term inflation expectations are continuing to drive down the value of DB transfers. XPS Group’s transfer value index recorded a new record low for the second consecutive month...

Trustees and pension professionals say the majority of DB schemes they are advising on wind-up are looking at a ‘material surplus’ of funds,  which could be distributed to employers. At a recent...

More than nine out of 10 businesses plan to access surplus funds in closed DB once the government amends legislation to permit this.  The research from Brightwell, the company that manages BT’s...

The Department of Work and Pension has said record funding levels in the defined benefit (DB) sector will mean up to £160bn could be utilised to boost UK growth.  In a statement...

Most of the UK defined benefit (DB) pension schemes, around 71 per cent, with a defined endgame plan to move to an insurance solution as soon as it is achievable, though some...

It is no secret that Rachel Reeves is increasingly desperate. She’s desperate for economic growth. In fact, it is the only metric she will be judged on when her time occupying Number...