The government is currently reviewing the pensions market. But some firms still offer defined benefit (DB) schemes. So, what is the difference between these two types of workplace pension scheme ...

Defined benefit (DB) pensions refer to schemes that pay a guaranteed income in retirement – in contrast to defined contribution (DC) pensions, where the amount you get when you retire depends on ...

It's a common lament that old-fashioned defined-benefit pensions ... Steer clear of so-called pension-maximization plans promoted by insurance agents. In this scheme, you take your pension ...

If you're counting on a traditional defined-benefit pension, there's reason to worry that you might not get everything you've earned. About 80 percent of the 29,000 private-sector defined-benefit ...

For example, under the Rule of 90, a 60-year-old worker with 30 years of service could start receiving benefits. Pensions are often referred to as defined-benefit plans because workers are ...

Industry experts are expecting a busy year for the pensions industry in 2025, predicting increased demand in the pension risk transfer market, growing momentum around pensions dashboards, and key ...

A pension is a workplace benefit that pays qualified retirees a lifetime income. Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401 ...

These pensions are linked to an employment and are commonly found within the public sector. With a defined benefit scheme, if ...

The pension funds affected are so-called "defined benefit" schemes. Often known as final-salary schemes, these pensions pay a proportion of people's salary at the point they retire. However ...

The RIBA operates a stakeholder pension schemes for the benefit of all staff who are not members of the defined benefit scheme. This is provided through Salvus Master Trust. The RIBA operates a ...