All Defined benefit articles – Page 150
-
NewsWhitbread expected to plug deficit following Costa sale
Leisure group Whitbread is likely to fill the deficit in its defined benefit scheme after having agreed the sale of coffee chain Costa to drinks group Coca-Cola, according to Numis broker Tim Barrett.
-
OpinionSchemes should make space for global real estate
Historically, many pension funds have invested in domestic property, but there is a strong case for schemes to invest in global real estate, argues Aon’s Oliver Hamilton.
-
News
PLSA pitch for light-touch tender rules raises eyebrows
The Pensions and Lifetime Savings Association has called for mandatory fiduciary management tenders mandates to be closed processes with no minimum number of applicants, but some experts have questioned whether the move would do anything to change the status quo.
-
FeaturesLPFA looks to build on latest property allocation
The London Pensions Fund Authority will cut the ribbon next year on the Pontoon Dock, a residential property project incorporating 154 high quality privately rented homes and 82 affordable homes available for rental or shared ownership.
-
News
Regulator calls for schemes to consider lowering transfer values
On the go: The Pensions Regulator has asked the trustees of several defined benefit schemes to contemplate cutting transfer values for workers opting out of schemes.
-
News
Regulator tells schemes to consider cutting transfer values
The Pensions Regulator asked the trustees of 14 defined benefit schemes to review their transfer processes and consider cutting transfer values for members considering cashing in their benefits.
-
FeaturesRhondda Cynon Taf approves plan for alternatives
The Rhondda Cynon Taf Pension Fund has agreed to wind down its lofty equity exposure in favour of new allocations to absolute return bonds and infrastructure.
-
News
Dromey: Government can use HPE contracts for pensioner justice
The shadow pensions minister has called on ministers to leverage lucrative contracts it awards to Hewlett Packard Enterprise to persuade the company to protect pensioners who are seeing their benefits eroded by inflation.
-
News
Renishaw in recovery plan discussion with regulator
British engineering company Renishaw has been in discussions with the Pensions Regulator after the watchdog questioned its recovery plan, potentially leading to a £45m cash contribution to the scheme if the current recovery plan is terminated.
-
News
Industry slams lack of detail on regulator's new powers
Plans to reinforce the regulation of defined benefit schemes in the UK lack depth and may not have been able to prevent the pensions scandals that have rocked the industry in recent years, according to industry experts.
-
OpinionNew regulator powers will only accelerate DB disappearance
From the blog: The government has floated well-intentioned reforms intended to strengthen the arm of regulators against dodgy bosses, but the proposed changes risk undermining trustees and making further scheme closures more likely.
-
FeaturesShould schemes use social media to engage with members?
Any other business: On July 26, members of the Teachers’ Pensions Scheme were informed via Facebook that their service was experiencing disruption. Later that day, they were told that access had been restored. Some members disagreed.
-
Features
Trustees take more active approach towards transfers
Analysis: Since the introduction of freedom and choice in 2015, more and more savers have shown an interest in defined benefit transfers, so what are the main benefits and risks for schemes?
-
News
FRC review threatens to impact actuarial profession
An advisory group to the government review of the Financial Reporting Council is to explore the extent to which actuaries should be subject to formal regulation in response to the pensions-related nature of recent corporate failures.
-
Features
Bulk annuities: How should schemes approach the market?
Analysis: 2018 has been a very busy year so far for buy-ins and buyouts, with plenty of competition and attractive insurer pricing.
-
FeaturesAvon asset managers warned over poor performance
The Avon Pension Fund has raised the prospect of dropping some of its active managers after a significant period of underperformance.
-
News
Lookers merges defined benefit schemes
UK motor resale company Lookers has amalgamated two of its defined benefit pension schemes, as experts highlight the improved efficiency and cost savings associated with mergers.
-
News
DB schemes inch closer to full PPF funding
On the go: Defined benefit schemes in the UK are nearing full funding on the Pension Protection Fund's section 179 basis, with an aggregate deficit of £62.8bn at the end of July.
-
News
Mid-market direct lending approach 'too constraining', WTW says
Mid-market direct lending is “now demonstrating signs of material deterioration in credit underwriting and future return potential”, according to a report by consultancy Willis Towers Watson, which is instead recommending its clients invest in debt for US real estate and UK commercial real estate.
-
OpinionPPF: Our new approach to company voluntary arrangements
Malcolm Weir, director of restructuring and insolvency at the Pension Protection Fund, explains how the lifeboat’s new CVA guidance will assist employers and their advisers when putting together a proposal.