All Defined benefit articles – Page 13
-
NewsWhat a new mortality model means for your pension scheme
New mortality data and calculations being introduced later this year could increase liabilities for some DB schemes – but others could see theirs fall further.
-
NewsBulk annuities latest: M&G, L&G and Just seal full scheme buy-ins
Three transactions range from a £111m buy-in for an unnamed asset manager’s scheme to a sub-£4m deal for ME Group International’s pension fund.
-
NewsArcadia secures scheme merger ahead of wind-up
A High Court ruling has approved the merger of collapsed retailer Arcadia’s two pension schemes, citing a “moral obligation” to put them on an equal footing.
-
NewsCentrica reduces DB scheme contributions as deficit narrows
Centrica will pay around £30m a year less into its defined benefit pension schemes as a result of a significant reduction in the overall deficit.
-
NewsHow trustee boards are tackling the fallout from the Virgin-NTL case
The ICAEW reports three different approaches being taken by trustee boards when reviewing past scheme amendments in relation to last year’s Virgin-NTL ruling.
-
NewsUSS rules out bid for healthcare property developer Assura
The £77.9bn pension scheme has opted not to pursue a bid for healthcare property investor Assura that it had previously submitted with KKR.
-
News
Bulk annuities latest: Utmost to overhaul IT infrastructure
Plus, buy-in deals sealed by Standard Life and Legal & General worth a combined £620m.
-
OpinionCompeting agendas: Does the pensions industry need a rethink?
How can the pensions industry improve how it manages and avoids conflicts of interest? Darren Philp, co-host of the V-FM Podcast, scrutinises master trusts and professional trustees to pose some important questions.
-
NewsUK pension market growth slowest among largest peers
New research shows a drop in UK pension assets as a proportion of the largest pension markets in the world.
-
NewsCompetition for small scheme bulk annuity deals increasing, data shows
Plus: Royal London lands buy-in deals with Lufthansa schemes and PIC insures financial regulator’s pension plan.
-
FeaturesInnovation needed to stop illiquid assets delaying bulk annuities
Consultancy giant Aon has written to insurers calling for more innovation on tackling illiquid assets held by pension schemes approaching the bulk annuity market.
-
FeaturesHow PPF benefits will – or won’t – appear on pension dashboards
With just three months to go until live data connections to the dashboards ecosystem, there’s a hiccup in Richard Smith’s quest to see his total estimated retirement income on a dashboard.
-
NewsDWP to consider changes to PPF levy [updated]
The next PPF levy bill could be smaller or even zero, after the DWP agreed to consider changes to the levy rules.
-
OpinionWhose money is it anyway? Avoiding a ‘smash and grab’ on DB schemes
Governments have always tended to put DB pension schemes in their sights when looking for more money, writes Janice Turner, co-chair of the Association of Member Nominated Trustees.
-
In DepthIn Depth: ‘Seminal moment’ for DB as government eyes surplus extraction
As the government casts its eye over well-funded DB pension schemes, Pensions Expert explores the industry’s calls for this to be done responsibly.
-
NewsL&G insures Sanofi pension fund for £1.4bn
The deal insures the benefits of 4,900 retirees and 5,600 deferred members, and follows a £760m buy-in completed in 2021.
-
NewsGovernment to announce DB surplus extraction rules in the spring
The government has confirmed plans to relax rules around defined benefit pension scheme surpluses, paving the way for excess funds to be paid out to members or employers.
-
News2024 was record year for bulk annuities, data shows
Preliminary data on bulk annuity transactions shows that approximately £52bn worth of deals were completed last year – a new record.
-
NewsChancellor expected to loosen rules on DB surpluses [updated]
Long-awaited changes to defined benefit scheme surplus rules will be announced this week.
-
NewsRoyal London insures Rockwool scheme through £53m buy-in
Royal London has insured the defined benefit pension scheme for insulation manufacturer Rockwool through a £53m buy-in.