Funding
In-depth reporting on pension scheme funding for our pension fund and asset management readers from IPE’s award-winning journalists
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News
Swiss federal railway scheme ups investment in equities while reducing bonds
Last year the pension fund achieved returns of 6.9% and a funding level of 110.8%
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Analysis
IPE UK Briefing: NEST strengthens private markets commitment
Plus: UK pensions consultants suggest there is significant opportunity for smaller pension schemes in BPA market
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News
Germany’s historic deal on €500bn fund is a game changer for future growth
CDU/CSU and SPD have agreed on financial package and a reform of the debt brake to invest in infrastructure and revitalise the country’s economy
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News
Majority of UK DB funds run at surplus but lack strategy to use it
LawDeb Pensions research shows that 83% of UK DB pension funds have reported a surplus
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News
Abrdn unlocks DB surplus to fund DC contributions
Abrdn DC members will benefit from a share of scheme’s £800m surplus
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News
Protectionist scenario a blow for funding ratios, warns Cardano
Trade tariffs will hit GDP and earnings growth, resulting in a steep fall in stock markets, according to the consultancy
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News
Dutch ‘early birds’ increase pensions by 8%
The pension funds for shipping pilots and the scheme of pension provider APG have used part of their buffer for a one-off increase in pensions
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News
Mercedes pension plans break through underfunding to reach 104.4%
The funded status of the carmaker’s pension plans has improved from -€102m to €951m
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News
France could save €60bn a year by funding civil service pensions
The Institut Economique Molinari says that since 1977 civil service pension expenditure has tripled from €20bn in 1977 to €62bn in 2023, in real terms
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News
Tech stocks, private markets bump up Previmoda’s returns
The scheme’s sub-funds ‘Smeraldo Bilanciato’, ‘Rubino Azionario’ and ‘Garantito’ have seen returns of 6.05%, 8.84% and 4.13%, respectively
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News
Inflows to Spezialfonds stagnates as investors eye direct fixed income allocations
Spezialfonds also failed to record higher inflows year-on-year in 2024 from retirement benefit schemes
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News
Gold market, equities up returns for Migros Pensionskasse
The scheme saw assets under management go up by CHF1.2bn year-on-year in 2024 to CHF29.4bn
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News
Fonchim’s sub-fund records return over 10%
Sub-fund ‘Crescita’ returned 10.32% last year, just above its benchmark of 10.11%, surprisingly facing low volatility during the year
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News
Majority of trustees support UK surplus extraction plans
FTSE100 companies have £50bn in surplus on low-dependency level, according to LCP
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News
Swiss BVK closes 2024 with 8.1% returns and 109.3% funding ratio
2024 was an ‘above-average year’ in terms of returns for the fund, says CEO
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News
Swiss pension funds’ funding ratios reach highest level in 10 years
Fully funded public pension schemes in particular reached a funding ratio of 114%, exceeding the highest level of 112.9% recorded in 2021
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News
Swiss corporate schemes under stress while risk of persistent low interest rates returns
Corporate schemes’ assets went up by 1.5%, partially offsetting increasing liabilities, but funding ratios fell to 120.9% in December 2024, from 121.1% in September 2024
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Opinion Pieces
Viewpoint: How a DB ‘surplus code’ could support economic growth
David Wrigley, partner at LCP, says supporting the appropriate release of surpluses could provide a shot in the arm to the UK economy
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News
UK regulator urged to support switch to DB surplus focus for growth drive
TPR and other economic regulators have been called in to Downing Street on Thursday to explain how they will support the government’s growth agenda
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News
Profond’s returns climb to 9.4%, funding ratio to 110% in 2024
Board of trustees decides to apply interest rate of 8% on retirement savings