All Defined benefit articles – Page 159
-
Opinion
How will the DGF market develop?
Will the diversified growth fund sector grow or shrink? And do illiquid assets have a role to play in DGFs? Shuntao Li from Barnett Waddingham, Percival Stanion from Pictet Asset Management, Murray Taylor from JLT Employee Benefits, Neil McPherson from Capital Cranfield and Naomi L’Estrange from 2020 Trustees discuss how the market is likely to develop.
-
OpinionTPR: Taking a proactive approach
The Pensions Regulator’s Nicola Parish looks at recent high-profile cases and what the regulator will do differently in future.
-
OpinionSleeping on the job – a hazard for trustees
From the blog: The long-running dispute involving the Coats Group defined benefit schemes finally came to a conclusion last month: the Pensions Regulator’s anti-avoidance investigation into Coats resulted in a £74m settlement for the third and final DB scheme under investigation.
-
OpinionThe best way to harness illiquidity
Joshua Featherby at Cambridge Associates explains how defined benefit schemes can use the illiquidity premium to their advantage.
-
Features
Deficits have dropped, but how should schemes react?
Analysis: While there has been a recent improvement in defined benefit pension fund deficits, market volatility, weak covenants and increasing longevity mean trustees should continue to keep a tight rein on risk and cost management.
-
NewsQinetiq shields funding level with boost to LDI
The Qinetiq Pension Scheme has seen a £605m boost to its liability-driven investments and has begun discussions over its long-term future as it nears full funding.
-
News
Cridland: Longevity as big an issue as climate change
Savers need to be more aware of the consequences of an ageing population on retirement saving, with providers, regulators and employers all having a part to play in improving engagement, say experts.
-
NewsGauke calls for government and industry collaboration
In his first speech as Secretary of State for Work and Pensions, David Gauke called for consensus and collaboration to ensure a positive future for pensions, but admitted that it will take time to address some of the more challenging policy issues, from pensions tax relief to extending auto-enrolment to the self-employed.
-
OpinionWill the regulator’s new interventionism work?
Lincoln Pensions’ Darren Redmayne outlines the key changes being made by the Pensions Regulator in its dealings with schemes, and argues that resources and new powers will be vital to its continued success.
-
OpinionAn industry under pressure
It had to happen at some point: the Financial Conduct Authority has set its sights on the investment consulting market.
-
FeaturesLeics sees opportunity in bank loans investment
Leicestershire County Council Pension Fund has committed to a new capital release fund investment as part of its growing opportunity pool allocation, as banks look to free up capital.
-
NewsRegulator’s BHS report focuses on areas of improvement
The Pensions Regulator has highlighted the lessons it has learnt from the BHS case in a recently published regulatory intervention report, as experts stress the need for more proactive engagement.
-
News
Wealthy male pensioners buck national longevity trends
Rapidly rising life expectancy among older men will maintain high deficits for UK defined benefit schemes, according to a new report, despite flatlining mortality rates for other demographics.
-
OpinionWhat are the obstacles to DB consolidation?
State Street’s Andy Todd examines why consolidation of defined benefit schemes has not taken off in the private sector, and argues that cost should not be the only motivation for asset pooling.
-
OpinionGDPR: Why trustees need to take notice
Claire Bell explains how schemes should prepare to comply with the new data protection regulation ahead of its launch next year.
-
FeaturesStrathclyde hails transfer warning effort
A communications exercise warning members of the Strathclyde Pension Fund about the risks of cashing in their benefits has seen the scheme’s membership continue to grow despite declining payroll numbers.
-
OpinionBetween the lines
Editorial: Was it because she needed to be at Ascot later that day that the Queen’s Speech seemed shorter this time?
-
News
Pensions Institute: Relax DB promises to tackle PPF drift
Stressed schemes and employers should be allowed to reduce pension increases and gain easier access to Pension Protection Fund-plus benefit-restructuring methods in order to minimise “PPF drift”, a new academic paper has said.
-
NewsFCA transfer proposals welcomed but timeline draws criticism
The Financial Conduct Authority’s new proposals on pension transfers have been widely welcomed across the industry, but concerns around the 2018 implementation of the final rules remain.
-
News
Scheme support levels at lowest since financial crisis
Affordability of FTSE 350 defined benefit pension promises has retreated to levels not seen since the global financial crisis, a new report has found, putting pressure on trustees of mature schemes.