“It’s not going to be the silver bullet that the government hopes for,” said another, adding that the total DB scheme surplus was only about £68bn on a buyout basis — the level at which companies with ...

Defined benefit plans, also known as pensions, have steadily decreased since the 1970s. The most recent data from the Bureau of Labor and Statistics show that less than 10% of private sector ...

Does a defined benefit pension provide lifelong benefits? A DB scheme provides a guaranteed retirement income for the rest of your life. Payments usually rise in line with inflation, but this can ...

As corporate and public pensions struggle, pension plan sponsors and advisors need to stay abreast of the latest regulations, problems, litigation, and solutions. From news about failing pensions ...

Defined benefit (DB) pension scheme rules are set to be overhauled in an attempt to encourage large employers to reinvest surplus funds and even boost staff wages. Under the proposals, pension ...

As Alaska faces one of its most difficult fiscal challenges in decades, a bill to radically expand Alaska’s retirement plan ...

Describe some of the issues around defined benefit transfers and severe ill-health Identify some of the key steps those affected should take Explain the significance of abridged advice Describe ...

Changes in legislation are needed to ‘unlock’ defined benefit (DB) schemes’ surpluses that could generate £400bn of capital over the next 10 years, analysis by Hymans Robertson has found ...

The number of defined contribution (DC) pensions schemes decreased by 15% in 2024 to 920, according to data from The Pensions ...

abrdn PLC has disclosed its full-year results for 2024, highlighting the status of its pension and post-retirement benefit provisions. The Group operates both defined benefit and defined ...

This retirement lifeguard has the funding to continue saving pension plans The Pension Benefit Guaranty Corporation (PBGC) is a safety net for private-sector defined-benefit pension plans.