Funding – Page 7
-
NewsItalian pension funds recover with AUM reaching €214bn in H1
Pension schemes recorded overall positive returns in the first six months of 2023, but results were up particularly for those with higher exposure to equity investment
-
NewsDACH roundup: Returns on equities boost Swiss pension schemes’ funding ratios
Plus: BaFin lays out classification method for pension funds’ assets according to SFDR
-
NewsUSS sees assets under management drop by 16%
USS asset under management fell from £90.8bn to £75.5bn last year
-
NewsDACH roundup: AllianzGI partners with DBR for pension transfer services
Plus: Pension schemes’ funding ratios of DAX, MDAX companies continues to rise; BaFin shows shortcomings on risk reporting; Swiss fund market’s volume shoots up
-
NewsEquity returns boost Dutch funding ratios
Double-digit returns on listed equity more than compensated for investment losses on non-listed real estate for the Netherlands’ five largest pension funds
-
NewsUSS consults on lowering contribution rate to 16.2%
Indicative results reflect a significant change in the economy since the 2020 valuation was finalised in the latter half of 2021
-
NewsDACH roundup: Swiss pension funds returns 4.6% in H1
Plus: WTW warns of liabilities for Swiss corporate schemes; GDV’s report on occupational schemes, insurers; Institutional investors back KKA Partners fund
-
NewsUnited Utilities pension funds secure £1.8bn buy-in deal with Legal & General
L&G provided a bespoke price lock to the assets held by the schemes
-
NewsSchemes should stay on top of changing mortality rates
Current mortality rates ‘highlight the problems of matching investment strategies to liability cash flows’, says Mercer
-
NewsDACH roundup: BaFin approves Complementa’s advisory services in Germany
Plus: Pension liabilities of Swiss largest firms shoot up; German Pensionskassen free from additional guarantee reserves
-
NewsUK roundup: Chubb pension schemes complete £1bn buy-in deal
Plus: Cushon partners with Link Group to deliver customer experience outcomes; Big Society Capital picks XPS as investment adviser
-
NewsPensioenfonds ING anticipates 20% benefits increase in new DC system
The fund’s board believes the reduced need for a buffer in DC will translate into higher pension benefits
-
NewsDACH roundup: Funding gaps in Swiss first pillar pension system remain
Plus: WTW partners with BAA; German lifeboat scheme set ups contribution rate
-
NewsPhilips pension fund caps indexation at 4% to protect buffer
The move can assist the scheme of the Dutch electronics firm to make the transition to the new DC system with a funding ratio of at least 110%
-
NewsDAX pension investors set to benefit from calmer capital markets
Funding ratios reached a new high of 79% last year, compared with 72% the previous year, Aon report finds
-
NewsHarrods pension scheme completes buy-in deal worth £400m
The deal secured benefits of around 1,900 pensioners and 2,100 deferred plan members
-
NewsPensions industry calls on regulators to ‘materialise’ revised funding code
The code has introduced elements of flexibility, but uncertainty needs to be avoided
-
NewsFinnish pension funds deemed able to weather big illiquids writedowns
Average investment return of 1.6% in Q1 was just below required rate of return, says FIN-FSA
-
NewsFTSE 350 DB pensions schemes shift £5bn deficit to £38bn surplus
But ’there is every chance that 2022 will be a last hurrah for cash injections into DB schemes’, says WTW
-
NewsPension professionals increasingly dissatisfied with pensions policy, says PMI
However, there is scope for improvement, according to the Institute
