Defined benefit – Page 24
-
News
MPs warned about DB sponsor cost hit from proposed funding rules
Pension Schemes Bill due to be scrutinised by the Public Bill Committee in the House of Commons next week
-
News
Nearly two-thirds of listed DB sponsors have warned on profits this year
UK-listed DB sponsors are concentrated in industrial and consumer discretionary FTSE sectors
-
News
UK regulator delivers superfund guidance for trustees, sponsors
Guidance follows the announcement of an interim regime for superfunds in the summer
-
News
New DB consolidator targets UK’s small schemes
Stoneport bids to serve as ‘wider solution to address inherent structural issue of sub-scale schemes’
-
News
UK roundup: Brickmaker scheme completes £340m buy-in
Deal covers more than half of Ibstock Pension Scheme’s liabilities
-
News
UK pensions regulator proposes to shift focus to DC
15 years after TPR was formed, most DB schemes are closed to new members
-
News
Clara Pensions gains CPPIB-owned Wilton Re as capital partner
US life reinsurance company joins Sixth Street as investor in superfund
-
News
Superfund sees ‘train hard to fight easy’ value in tough TPR process
Rigorous regulatory assessment important for confidence
-
News
How the Howden Joinery pension fund navigated the global pandemic
The UK building supplies company had just signed off on a new long-term strategy when the pandemic hit
-
News
M&S pension trust picks Northern Trust for DB asset servicing
The £11bn DB scheme for the supermarket chain will receive global custody, financial reporting and analytical services
-
News
UK roundup: Thames Water DC scheme joins Aon MasterTrust
Plus: Schemes target buyout deals as long-term objectives
-
News
CDC pensions ‘would be 70% higher than traditional DC, 40% for DB’
CDC on track to be a third option for employers from next year
-
Analysis
UK DB: Pushback over UK proposals for ‘one size fits all’ funding code
Not long before the UK went into its COVID-19 lockdown this March, The Pensions Regulator (TPR) launched the first of a two-stage consultation on a revised defined benefit (DB) funding code.
-
Features
Accounting Matters - UK DB pension schemes: One step forward, two steps back
As sometimes happens with Easter, one of the surveys of the UK pensions accounting landscape from consultants Lane Clark & Peacock (LCP) was later than usual. And, like an Easter egg, this keenly awaited overview of the net funding position of FTSE 100 defined benefit (DB) pension schemes comes in two halves.
-
News
Dutch minister to prevent ‘unnecessary’ pension cuts
The minimum required funding ratio for pension funds that was reduced from 100% to 90% for 2019/20 has now been extend to 2021
-
News
LGIM launches ‘one stop solution’ for smaller DB schemes
‘NavGuide’ offers complete investment service from portfolio design through to buyout
-
News
Hymans calls on trustees to consider commercial consolidators
DB scheme members of weaker employers have 50% chance of benefits cuts
-
News
UK pension schemes ‘over-dependent’ on equity performance, says WTW
‘Simply putting all your eggs in one basket and hoping for unlikely events will not be enough to solve the funding gap’
-
News
Mercer starts master trust for UK DB schemes
Independent Trustee Services (ITS) and PTL have been appointed as additional professional trustees
-
News
USS warns of higher costs to employers as COVID-19 hits hard
The UK’s largest scheme has placed high demands on universities in order to keep potential future costs down