DB & DeriskingRSS

One in three schemes consider appointing IFA

News On the Go

On the go: Some 35 per cent of pension schemes have either appointed or are considering appointing an independent financial adviser to support members, research reveals.

LGPS Central Pool launches sustainable fund

News On the Go

On the go: The Local Government Pension Scheme Central Pool has launched a new equity fund incorporating key climate change considerations in a bid to deliver long-term growth.

DB funding levels improve over September

News On the Go

On the go: The overall funding position of UK defined benefit schemes improved in September, according to figures released by the Pension Protection Fund on Tuesday.

Field sounds alarm over unregulated DB superfunds

Frank Field

The chair of the Work and Pensions Committee has warned that the government may be putting retirements at risk if it does not bring forward legislation to regulate defined benefit superfunds.

Buy-in pricing could improve in post-Brexit world

Brexit volatility could be a good thing for defined benefit pension schemes looking to insure liability risk, according to experts.

Ombudsman upholds complaint against LGPS despite predator warning

News On the Go

On the go: The Pensions Ombudsman has upheld a complaint against Hampshire County Council and the Hampshire Pension Fund involving a transferring member who fell victim to a scam.

Gilt yield rally improves DB funding over September

News On the Go

On the go: The combined deficit of defined benefit pension schemes fell by £50bn at the end of September 2019, PwC data shows.

Guidance on GMP equalisation methodology published

News On the Go

On the go: Guidance outlining the methods that schemes should use to equalise for the inequalities of guaranteed minimum pensions has been published by the GMP Equalisation Working Group.

Allied Domecq scheme in monster buy-in

News On the Go

On the go: The Allied Domecq Pension Fund has entered into a buy-in arrangement worth £3.8bn with Rothesay Life, the second multibillion pound bulk annuity transaction in a week.

Electricals scheme agrees UK’s largest ever buyout deal

News On the Go

On the go: Rothesay Life has agreed the largest buyout ever undertaken in the UK, with £4.7bn of assets and liabilities transferring to it from the GEC 1972 plan.