Defined benefit – Page 10
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News
PPF proposes bespoke discount rates in valuations for smaller schemes
The consultation will close on 6 May and seeks views from actuarial professionals and industry stakeholders
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News
German asset managers make inroads into occupational pensions
Trend towards DC plans and social partner model in SMEs opens up opportunities for money managers
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News
IGG’s aim is to support scheme trustees, not replace them
The firm wants to access the small schemes’ market and is looking to launch a new product this summer, according to CEO Andrew Bradshaw
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News
UK debt crisis could see DB scheme funding levels fall by 7%
Deficits for well-funded schemes could increase by £4m per £100m of liabilities
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News
Clara-Pensions completes second transaction with Debenhams
This is the first transaction from PPF assessment for Clara-Pensions
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News
Scottish Widows and Rothesay complete £6bn in-force bulk annuity deal
The transaction is expected to lead to a Part VII transfer of underlying assets and policy liability next year
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News
UK regulators to remove barriers on productive finance investing
FCA, PRA and TPR will work together to manage potential risk and support the development of a more positive ecosystem for UK investment
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News
Pension funds look to sell real estate investments
Investment-grade bonds and private credit are the most popular asset classes, according to a GSAM pension fund survey
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News
Ockham Pension Scheme completes £110m buy-in deal with Just Group
This is a third buy-in completed by a pension scheme sponsored within Liverpool Victoria
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News
£100bn could be returned to UK plan sponsors over next 10 years, says Isio
In response to regulatory changes, Isio launched purposeful run-on framework to help schemes invest beyond full funding on a buyout basis
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News
Royal London kicks off entry into UK bulk annuity market
The move follows transaction with Royal Liver UK pension scheme and the Royal London Group pension scheme
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News
Dutch wholesalers fund to give members individual choice on DC switch
The fund’s decision aligns with MP Agnes Joseph, a former actuary, who is advocating freedom of choice for pension fund members
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News
UK ‘cools-off’ on pot for life model as it announces Spring Budget
Industry welcomed slow down from government in a push to introduce lifetime pensions provider model
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News
Extra disclosure under TPR’s funding code could push up scheme costs
There is a risk that an ‘overly prescriptive’ approach pushes trustees into ‘costly tick-boxing’ exercise, according to Cardano
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News
UK pensions regulator consults on statement of strategy for DB funding code
The consultation, which will run until 16 April, looks at what trustees will need to submit as part of planning and managing their DB schemes’ funding positions
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News
Private market managers must be held to account for climate reporting
Availability of climate data from private markets remained patchy in 2023, research from Hymans Robertson shows
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Country Report
Commentary: Pension funding options for German employers
Pension schemes have a choice of ways in which they can exercise their funding obligations
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News
Meeting schemes’ benefit structures is barrier to consolidation, pensions industry says
Consolidation is not off the table, according to the PPF, but consolidators need to get the design right
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News
UK Funding Code to come into effect at the end of September
The regulator will consult on its statement of strategy ‘in the next few weeks’, says Louise Davey
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News
Alecta writes off €1bn of its Heimstaden Bostad investment
CEO of troubled Swedish pensions giant says ‘fully aware it will take time and hard work to regain customers’ trust’