Data analysis: Data show more than four-fifths of active defined benefit members remain contracted out, as consultants have said the costs associated with ending the arrangement have bolstered the hunt for alternatives.
Isle of Wight Pension Fund has identified areas ripe for improvement in its governance, including more frequent funding monitoring, as local government schemes brace for next year's reforms to the sector.
Video: Sarah Smart, chair of the trustee board at the Pensions Trust, says its fiduciary management set-up has outperformed its target at lower risk than budgeted for, and explains how the scheme monitors this arrangement (5:56).
BT has attracted interest for its pension increase exchange exercise from more than 30,000 members, as one of the highest-profile employers to offer the liability-reducing tool.
The National Union of Journalists will appeal the pensions ombudsman’s determination that the BBC's pensionable pay cap did not breach its obligations, as more employers look to such tools to derisk schemes.
Consultants have reported more employers trying to overcome the difficulties of switching from using RPI to CPI to reduce scheme liabilities as the gap between the two measures widens.
Industry figures have called the triennial valuation process poorly suited to help schemes assess their needs, with technological advances allowing trustees to instantly assess their scheme’s funding level.
The civil service pension schemes are moving the administration of their active, deferred and pensioner members to a single system to reduce costs and increase member engagement.
Not-for-profit employers that belong to multi-employer schemes are waiting for further guidance on dealing with debt risk that could trigger insolvency.
The Plumbing and Mechanical Services Industry Pension Scheme will offer a lower contribution scale to new employers joining the career average scheme, to help it compete with defined contribution arrangements.