All BAE Systems articles
-
NewsBAE Systems awards Goldman Sachs £23bn UK pension schemes mandate
The agreement marks the largest outsourced chief investment officer (OCIO) mandate awarded to date in the UK market.
-
NewsBAE Systems Pension Scheme reaches full funding
On the go: The BAE Systems Pension Scheme is fully funded following its latest actuarial valuation, according to a July update.
-
News
Multibillion pension sponsors among vulnerable to demand shock
Sponsors of some of the UK’s largest defined benefit pension schemes are among those exposed to a potentially unsustainable level of debt if their cash flows dry up, new analysis has suggested.
-
News
BAE to issue debt to fund persistent deficit
On the go: Defence and aerospace conglomerate BAE Systems is to make a debt-funded £1bn payment into its main defined benefit pensions scheme, dramatically front-loading its recovery plan.
-
Features
BAE Systems brings in new default to target drawdown
The BAE Systems Pension Scheme has put in place a new defined contribution lifestyle option targeting drawdown, giving members more flexibility following the introduction of freedom and choice.
-
FeaturesBAE actuarial switch sidesteps funding slump
BAE Systems has ditched gilts-based valuations for its UK defined benefit schemes after gaining regulatory approval, freezing its deficit at 2014 levels and sparking controversy in the pensions industry.
-
FeaturesBAE Systems’ Airbus section ready for take-off
British defence giant BAE Systems has created a new scheme section for Airbus employees, to increase transparency while giving direct responsibility to the companies involved.
-
Features
BAE sees four in 10 agree to give up pension increases
BAE Systems Pension Scheme has experienced a 38 per cent take-up of a pension increase exchange offered to pensioner members, in an exercise to reduce its inflation risk.
-
NewsBattle to plug deficits continues as FTSE 100 see £8bn deterioration
The total pension deficit of FTSE 100 defined benefit schemes worsened by an estimated £8bn, bringing the total to £57bn at the end of 2013, according to research, but experts maintain larger schemes are managing their risk exposures effectively.
-
NewsBAE shrinks pensioner committee in efficiency bid
BAE Systems is reducing the size of its joint pensioner committee as part of a comprehensive review of the body, as technological advances have made it easier to communicate with members.
-
FeaturesBAE ups debt guarantees to safeguard benefits
The defence company has increased debt guarantees to a level where it qualifies as a PPF contingent asset, potentially reducing the cost of its PPF levy
-
FeaturesBAE property portfolio suffers due to lack of London exposure
As BAE Systems weighs up a merger with EADS, the defence company’s UK scheme has identified reasons why its property investments produced disappointing results over the past year