All Defined benefit articles
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NewsVirgin Media ruling: TPR says work can start now on remediation
Trustees do not need to wait for the Pension Schemes Bill to become law before instructing actuaries to begin work on section 37 remediation, the regulator has said.
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NewsBulk annuities update: Buy-ins for Panasonic and Essentra schemes
M&G reports on £140m Panasonic scheme deal, while Aviva ties up a £104m buy-in with Essentra.
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NewsBulk annuities latest: Brookfield approved for Just acquisition
Plus: Canada Life insures a pharmaceutical distribution company’s defined benefit pension scheme for £30m.
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NewsInsurer competition means more work for small DB schemes, Hymans warns
Defined benefit pension schemes as small as £5m are now attracting interest from multiple insurers, according to Hymans Robertson’s latest annual report on the bulk annuity sector.
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In DepthSpecial report: The Pension Schemes Bill in the House of Lords
The landmark legislation begins its report stage this week, with peers still debating more than 180 amendments to the Pension Schemes Bill. Pensions Expert explores what is up for discussion over the next two weeks.
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OpinionAMNT: Looking to the past for the future of trusteeship
Lewis Brown of the Association of Member-Nominated Trustees highlights the need to balance professionalism with the lived experience of members, as the government explores ways to raise standards of pension scheme governance.
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OpinionIs running on DB schemes a bridge to stronger DC outcomes?
Lindsay Nickerson, the new chair of the DC Investment Forum, explores the interaction between defined benefit surpluses and payments into defined contribution pension schemes.
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NewsDB liabilities set to rise as life expectancy climbs
Defined benefit pension schemes could see their liabilities rise by around 0.5% depending on demographics after new mortality data was released.
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People NewsOstermann exits PPF as chief operating officer steps into CEO role
Richard Beaven, currently chief operating officer, has been appointed acting chief executive and has joined the PPF board as an executive director.
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People NewsPIC poaches Standard Life investment boss for chief exec role
Mike Eakins is currently group chief investment officer at Standard Life and CEO of its Retirement Solutions and Asset Management business.
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NewsBulk annuities roundup: Athora completes PIC acquisition
Plus: Aviva and Royal London release 2025 business results; Canada Life’s £80m buy-in with Safeway Pension Scheme.
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FeaturesWhat does Alphabet’s 100-year bond mean for UK pension schemes?
The entry of Google’s owner into the UK bond market made an undeniable splash, but the impacts on key fixed income investors such as DB pension schemes are more likely to be gentle ripples, writes Bradley Gerrard.
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NewsIndustry wants formal processes for pro trustee appointments
Safeguards are needed for sole trustee appointments and to address conflicts of interest where professional trustee firms offer additional services such as administration or investment advice.
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NewsTPR’s predictions for the DB run-on market
The regulator has published a major forecasting exercise exploring the potential evolution of the DB sector under different scenarios, including growing appetite for run-on approaches and a successful superfund market.
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NewsVigilance needed as geopolitical tensions drive DB sponsor profit warnings
More than a quarter of UK-listed companies with a DB scheme have issued at least one profit warning in the past 12 months, according to new analysis by EY.
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OpinionTrusteeship and administration: Preparing for a consolidated future
David Fairs, a former TPR executive and now chair of the Pensions Administration Standards Association (PASA), looks into what the rapidly evolving pension landscape means for administration providers.
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OpinionPMI: Investing in admin skills to protect savers as outsourcing increases
Varsha Gicas, chief customer officer at the Pensions Management Institute (PMI), reflects on her recent visit to India and explains why investing in global professionals is essential to raising standards across the industry.
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People NewsRailpen appoints senior duo to C-suite roles
Railpen, the £34bn pension scheme for the railways industry, has appointed a new chief risk officer and chief people officer.
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News‘Landmark moment’ as PPF confirms zero levy for 2026-27
The vast majority of the almost 5,000 DB schemes eligible for PPF protection won’t pay a conventional levy next year – the second year in a row this has happened.
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NewsHow a hybrid DC scheme tapped into the bulk annuity market
A £13m DC pension scheme with a DB underpin has derisked through an “innovative” deal involving insurer Just Group and master trust Smart Pension.