More defined benefit news – Page 161
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News
USS reform shares cost and risk with members
The Universities Superannuation Scheme has reformed its benefits, meaning active members will have to work longer and pay more to secure their retirement income.
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NewsLGPS reforms to swell private sector deficits
Private sector employers will be among the biggest losers of the 2014 local government pension scheme (LGPS) reforms.
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News
SME schemes get low-cost derivative access
Around 340 mainly small and medium-sized schemes have adopted a system of asset-liability modelling, previously only affordable to much larger plans.