For some defined benefit pension schemes, immediate settlement with an insurer or consolidator may not be the preferred option. Running on — either as a long-term strategy or as a bridge to a future ...
Unions have asked for a restoration of defined benefit (DB) retirement plans in recent strike negotiations, signaling a renewed appetite for pensions rather than defined-contribution plans that ...
For decades, workers could count on their employers to continue sending them checks even after they retired. A traditional pension — also known as a defined benefit plan — was the norm in ...
Stronger funding levels, favourable pricing, and an active insurer market mean that risk settlement transactions are within reach for more schemes than ever before – but preparation is critical to ...
Many defined benefit (DB) pension schemes are reconsidering their endgame plans in light of improved funding levels and potential changes to how pension surpluses can be used, a survey of Pensions and ...
The Pension Protection Fund (PPF) was established under the Pensions Act 2004 to safeguard members of eligible defined benefit pension schemes when their employers face insolvency and the pension ...
How contracting out worked depended on what kind of pension scheme you were saving into. For more, visit our comprehensive guide on contracting out. If you were saving into a defined benefit pension ...
One in five DB pension funds say their investment adviser or consultant suggests they change their approach to endgame ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser ...