All Defined benefit articles – Page 168
-
News
LPFA feels divestment pressure
The London Pensions Fund Authority is under pressure from London Mayor Sadiq Khan to divest entirely from fossil fuel holdings, but says it prefers working with companies and fund managers over divesting.
-
OpinionWhat to bear in mind with asset-backed funding
Simon Daniel from Eversheds Sutherland weighs up the pros and cons of entering a Scottish limited partnership.
-
NewsDiageo DB deadlock set to end after union split
Drinks company Diageo has avoided a strike by members of its defined benefit pension schemes after union members accepted a deal, bringing to an end months of back-and-forth.
-
FeaturesCancer Research scheme takes the plunge into LDI
Trustees of Cancer Research UK’s defined benefit pension fund have put in place a new liability-driven investment allocation, minimising funding volatility following the EU referendum.
-
Opinion
Looking for a silver lining: Focus shifts to housing wealth as pension incomes hit a high
Analysis: Statistics seem to show that pensioners' incomes are now higher than other people's, but experts say there are many facets to the intergenerational fairness question.
-
OpinionHow should DB funding be measured?
Schemes should make the discount rate a function of the investment strategy rather than vice versa, says JP Morgan Asset Management’s Sorca Kelly-Scholte.
-
OpinionWe can’t ignore the intergenerational dilemma
From the blog: What do judges and firefighters have in common? No, this is not the start of a joke.
-
NewsJohn Lewis slashes deficit with CPI switch
Retailer John Lewis has agreed a new recovery plan with the trustees of its defined benefit scheme after a large reduction in the funding deficit, due in part to a change in inflation indexing.
-
News
Greater flexibility needed to cope with growing longevity
The Department for Work and Pensions has called on employers to facilitate working at an older age so over-50s benefit from the same opportunities as their younger counterparts.
-
NewsDairy Crest churns up a new investment strategy
The Dairy Crest Pension Fund has derisked while restructuring its investment portfolio by moving away from UK investment grade credit and ‘going global’, as schemes continue to reassess the purpose of their credit exposures.
-
News
Thames Ambulance dispute puts comms in the spotlight
A bitter dispute has broken out between Thames Ambulance Service and the GMB union over contributions to two pension schemes, with members feeling confused as to the security of their benefits.
-
News
Trustees overlook strategic objectives due to deficit distraction
Deficits distract the majority of trustees from focusing on the ultimate goal of paying members’ pensions, recent research has found, but some experts highlighted the role of covenant strength and scheme size in deciding where the priority should be.
-
OpinionIndustry on right track with diversity initiatives, but further change is needed
Any other business: The need for greater diversity across the pensions and asset management industry is evident, so what progress has been made so far to improve the situation?
-
OpinionAre the select committee’s DB recommendations workable?
From the blog: The Work and Pension Committee’s DB report is exceptionally well written, but are any of its main recommendations actually workable?
-
OpinionNo featherbed
Editorial: Happy Chinese new year! The year of the fire rooster has begun – the first of its kind in 60 years, so is there anything we can predict from looking at the last one?
-
NewsUnions reluctantly back BSPS closure proposal
Unions have backed a proposal to close the British Steel Pension Scheme to future accrual, raising questions about the future of private sector defined benefit schemes in the UK.
-
NewsIsle of Wight's outperformance vindicates active management
The Isle of Wight Pension Fund’s funding level jumped from 78 per cent to 92 per cent over three years, posting returns that reignite the debate over active and passive fund management.
-
NewsTrustees told to focus less on market volatility
From Brexit to Trump, the political events of 2016 added to market uncertainty throughout the year, but trustees should take care not to be too fixated on volatility.
-
News
Calls for greater trustee powers as advisers fail to consider scam risks
Government and regulators have been urged to strengthen the powers of trustee boards in opposing suspicious transfer requests, as an alert from the Financial Conduct Authority warned that some advisers are not carrying out proper due diligence on receiving scheme investments.
-
FeaturesLuxfer Group ups DGFs in portfolio restructure
Global materials technology company Luxfer Group has restructured the growth portfolio of its defined benefit scheme to invest in diversified growth funds, as research has predicted continued demand for these strategies.