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Defined benefit pension schemes: questions and answers

GuidanceDefined benefit pension schemes : questions and answers May 20131 of 8 Defined benefit pension schemes : questions and answersThese questions and answers explain some of the terminology used in relation to pension arrangements, the role of the Pensions Regulator and provide answers to the questions that trustees most frequently ask What is a Defined benefit pension scheme?2. What is a Defined contribution pension scheme?3. What are employers legal obligations for providing pension schemes ?4. How will the employers legal obligations change in 2012?5. What is Financial Reporting Standard 17?6. Who Regulates pension schemes ?7. What are the funding requirements for Defined benefit pension schemes ?

Careful planning and advice in relation to any proposed restructuring of a charity, such as on incorporation or merger, is now likely to be necessary to avoid large cash outflows. ... schemes into which an employer pays a regular contribution fixed as an amount or percentage of the

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