DB

Over the final quarter of 2024 and into 2025 UK gilt yields have risen steadily, with the 15-year nominal (spot rate) yield increasing from 4.43 per cent as at 30 September 2024...

The typical defined benefit transfer complainant is now likely to receive no compensation at all for poor advice due to rising annuity rates and more buoyant stock market returns. These findings come...

Defined benefit schemed saw their funding position improve overall in 2024, after deficits further reduced in December.  Figures from Broadstone's Sirius index shows there has been positive funding progression for both a ...

The Financial Conduct Authority has imposed fines of more than £500,000 on two advisers, and banned them from working in financial services, after they offered flawed advice on DB transfers. As a...

The £1.2 trillion sitting in defined benefit schemes offers a potential lifeline to address some of the financial pressures the country is facing - including national debt exceeding 100 per cent of...

The Pension Protection Fund is looking to reduce its annual levy to zero, reflecting the improved funding position of many defined benefit schemes.  In total the PPF now has reserves of more...

The aggregate surplus of 4,969 schemes in the PPF 7800 Index is estimated to have increased slightly to £235.5 billion at the end of November 2024, from a surplus of £234.0 billion...

The surplus of UK pension schemes against long-term targets remained steady at £211bn in November 2024, up from £205bn in October, according to XPS Group. Liabilities increased in value, and financing levels...

The Pensions Regulator (TPR) has published updated covenant guidance for defined benefit trustees, that is aligned with its new funding code.  This update provides greater certainty over how TPR expects trustees to...

Teachers at independent schools will be asked to pay higher contributions into the Teachers' Pension Scheme (TPS) for the first time since 2015. A consultation launched this month is recommending all teachers,...