Unilever forks out £600m to tackle £1.2bn DB deficit

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Unilever has contributed £600m to its scheme, after an actuarial valuation revealed a £1.2bn deficit. Meanwhile, the trustees have taken steps to ensure they can act quickly should there be a significant corporate event.

Do UK DB schemes have a covenant problem?

Analysis: Sponsor covenant and failed defined benefit promises are in the headlines again with the collapse of outsourcing giant Carillion. Could the liquidation be indicative of a wider national inability to pay pensions, and how should trustees react to a deterioration in their covenant?

Notts expands local property investment

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The £4.9bn Nottinghamshire County Council Pension Fund has increased its commitment to local property investment. The fund has added £10m to its local property fund and has expanded the geographical area where it will invest.

Life expectancy falls by a year in some regions

Life expectancy growth in England is slowing, with some regions experiencing a drop of one year, according to research by a Department of Health agency.

Delivering the ill health pension

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Any other business: Illness is an unconventional path to a pension transfer. But for the thousands of employees every year rendered unable to work through sickness, surviving financially through the mercy of an early pension might make all the difference.

Southampton uni's DB closure proposal poorly timed, experts say

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The University of Southampton is consulting on the closure of its defined benefit scheme for non-academic staff, a move experts have said is not well timed given current scrutiny of senior pay packages at universities.

Comment & Analysis

Prepare for corporate events

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Editorial: Covenant has shot right back up to the top of the agenda with Carillion’s collapse, GKN’s fight against a takeover, and Barclays’ split under ringfencing.

Uncharted waters: What lies ahead for LGPS pools?

When former chancellor George Osborne made clear the government’s intention to create six British wealth funds, the prospect of pooling made quite a splash.

Scams – lest we forget

Margaret Snowdon

Margaret Snowdon from the Pensions Administration Standards Association would like to see a TV campaign alerting pension savers to the risk of scams.

Videos & Podcasts

Mifid II: Why it matters

Mifid II and pensions

Video: The EU's second Markets in Financial Instruments Directive will change how asset managers disclose fees and charge investors for research from January. Donny Hay, client director at professional trustee company PTL, and Sebastian Reger, partner at law firm Sackers, say what trustees should keep an eye on.

Autumn Budget 2017: Reaction from the experts

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Podcast: What will the Autumn Budget mean for the pensions industry? Ruth Bamforth, director at law firm Walker Morris, and David Brooks, pensions technical director at Broadstone Corporate Benefits discuss a pensions-light Budget and the Chancellor's proposals for facilitating pension fund investment in patient capital.

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