Displaying items by tag: DB schemes
Aggregate DB surplus falls to £233bn, says PPF
The aggregate surplus of DB pension schemes fell to £232.7bn at the end of February, according to the latest Pension Protection Fund (PPF) 7800 Index.
Government plans to unlock DB pension surpluses
The government will today confirm government plans to lift restrictions on defined benefit (DB) scheme surpluses.
Aggregate DB surplus rises to £476bn, says PPF
The aggregate surplus of DB pension schemes increased to £476bn at the end of September, according to the latest Pension Protection Fund (PPF) 7800 Index.
4% of DB pension schemes remain open to new members
One in 20 (4%) defined benefit (DB) pension schemes remained open to new members in 2023, new data published today by The Pensions Regulator (TPR) shows.
DB pension transfer volumes hit 5 year low
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
DB schemes should offer more flexibility
A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.