All Defined benefit articles – Page 16
-
NewsBulk annuity update: Royal London completes first external deals
The sector’s newest entrant has completed two transactions worth a combined £130m, while Aviva has insured the Thomas Miller pension scheme for £140m.
-
FeaturesHow LDI managers are getting ready for the rest of 2024
Following recent warnings about a potential return of deflation, the onus is on LDI managers to ensure their portfolios are prepared.
-
NewsSchemes relying on dashboard rollout face data ‘nightmare’
Trustees and pension managers should not rely on the dashboard system to fix their data problems for them, according to panellists at a Pensions Dashboards Week event.
-
NewsAssessing pension insurers’ sustainability performance
Most bulk annuity providers are making good progress to decarbonise their investment portfolios and are ahead of internal targets, according to new research.
-
NewsProfessional and sole trustees dominate scheme management, data shows
Sole trustee appointments grow 30% year-on-year as large professional trustee firms grow their influence over scheme operations.
-
NewsTPR clarifies statement of strategy approach
The Pensions Regulator has streamlined its requirements for statements of strategy in response to industry feedback, as its Defined Benefit Funding Code comes into effect.
-
NewsMerseyside strikes £200m bulk annuity deal with Aviva
The deal, covering 2,500 scheme members, is just the third time an LGPS fund has entered the bulk annuity market.
-
NewsIndustry calls for change to levy rules as PPF seeks to raise £100m
Current rules mean the PPF cannot stop taking a levy without compromising its ability to raise capital in the future.
-
NewsTPR’s Neil Bull to speak at the DB Strategic Investment Forum
The regulator’s executive director of market oversight will explain TPR’s approach to DB schemes’ endgame planning as well as the productive finance agenda.
-
NewsPIC insures Coats scheme in £1.3bn buy-in
The biggest buy-in of 2024 so far includes a deferred premium arrangement and the in-specie transfer of illiquid assets.
-
NewsLCP takes over executive functions at National Grid scheme
The executive and governance team at the £11.8bn National Grid UK Pension Scheme has transferred to consultancy group LCP.
-
NewsUK facing ‘cliff edge’ on pension provision
The UK is facing a “cliff edge of challenges” for its £2trn pensions system including low engagement, poor savings levels and low productivity, according to Mercer.
-
NewsTrustees increase focus on endgame planning
Almost nine in 10 trustees of defined benefit (DB) pension schemes are expected to decide their endgame strategy within the next five years, new research suggests.
-
NewsBulk annuities latest: Scottish Milk scheme insures with Just for £42m
The latest defined benefit insurance transactions also include a £34m deal for the Macmillan charity’s scheme.
-
FeaturesIs better funding leading to changes to valuation dates?
After the BBC decided to bring forward its triennial valuation in light of improved funding, Pensions Expert looks at whether more schemes are likely to follow.
-
NewsXPS launches illiquid asset trading service
XPS Group has become the latest to launch a specialist trading platform for private markets assets, as defined benefit (DB) schemes seek to prepare for insurance transactions.
-
NewsBBC reschedules valuation as scheme hits surplus
The broadcaster’s £13.8bn defined benefit scheme registered a £103m surplus at the end of March this year.
-
NewsUSS, Railpen announce major UK investments
The Universities Superannuation Scheme (USS) and Railpen have separately announced major new investments in UK private market assets.
-
NewsCharity DB schemes approach full funding
Funding levels at charity defined benefit (DB) schemes have improved substantially over the past five years, according to new data.
-
NewsHow to get pension schemes investing in productive assets
The Pensions and Lifetime Savings Association (PLSA) has set out a series of actions for government to make key areas of productive finance more investable for pension schemes.