Defined benefit – Page 12
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Special ReportFinland: Government threatens indecisive social partners
The tripartite working group tasked with reforming the country’s pension system has not yet reached consensus on reforms
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NewsOver half of FTSE350 DB pension schemes to be fully funded on buyout basis in the next three years
Around 35% of the schemes are estimated to be fully funded on buyout basis at 31 May 2024, representing £175bn in liability values
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NewsATP’s first-half return held back by gearing cost, bond yields
Describes return as “expected and generally acceptable in view of market developments”
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NewsATP defends risk-parity strategy via analysis of five investment models
Denmark’s huge statutory pension fund says other standard pension strategies may suit other products - but not ATP’s dual-aim guaranteed product
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NewsSwedish municipal pensions debt surged amid inflation shock
Municipalities and regions in Sweden recorded a SEK42bn rise in their total pension debt last year, according to latest report from pension provider
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AnalysisMore de-risking transactions below £200m are expected, consultants say
Despite transactions above £1bn dominating the market in 2023
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NewsDutch pension funds increase interest rate hedge above 70%
In the run-up to the transition to a defined contribution system, pension funds in the country want to protect their funding ratios
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NewsMineworkers’ Pension Scheme appoints Brightwell as administrator
Brightwell will start providing administration services from January 2025
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NewsSCA UK Pension Plan completes £1.1bn buy-in with Legal & General
The deal secures the benefits of 5,900 retirees and 3,600 deferred members
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NewsThe Pensions Regulator’s funding code is laid in parliament
The industry is still awaiting the publication of final statement of strategy and employer covenant assessment
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NewsUK regulator clarifies capital release expectations for superfunds
The market is expected to operate on the updated guidance ‘for some time’ before legislation passes
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AnalysisIPE Netherlands Briefing: Dutch insurers eye more buyouts
Plus: PMT’s ESG exclusion framework and PGGM’s DEI pledge
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NewsUniversities Superannuation Scheme reports £9.2bn DB surplus
The value of the DB fund increased by £1.7bn over the year to 31 March 2024
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NewsUK government announces ‘landmark’ pensions review
Chancellor of the exchequer, Rachel Reeves, says the review is set to boost investment, increase pension pots and tackle waste in the UK pensions system
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News‘Business as usual’ for UK pensions schemes following King’s speech
Labour government introduces Pensions Scheme Bill
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NewsNorway’s KLP defence risks blurring all procurement rules, says Storebrand
Government ‘seems to be picking a fight with Brussels’ by rejecting ESA’s backing of complaint over lack of mandatory municipal pensions tendering, Hippe says
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NewsBrookfield’s entry into UK bulk annuity market marks next wave of new entrants
K3 Advisory says at least three other new entrants are at varying stages of readiness to enter the market
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NewsTotalEnergies UK Pension Plan completes £1.2bn buy-in with PIC
transaction had unique structuring requirements and a complex benefit structure
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Opinion PiecesThe buyout pendulum starts to swing back to the DB norm
Vogue fashion magazine reports that flared trousers and mullets are back after a 50-year absence. They were not a good look even then, but fashion has its own drivers which do not necessarily involve good taste or even practicalities.
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Opinion PiecesWhy the green transition throws up workforce and pension challenges
Pensions are a hot topic in corporate Germany, where skills shortages and an ageing workforce have led to a war for talent, as well as a renaissance in occupational retirement provision in the fight for workforce skills.
