All Defined benefit articles – Page 206
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News
Why preparation might not be so crucial to buyout
News analysis: Schemes have been urged to get prepared for bulk derisking deals to benefit from affordability improvements, but one provider has said the necessity of preliminary work is often “overemphasised”.
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Features
Pearl ups corporate bonds to manage rate risks
Pearl Group Staff Pension Scheme has increased its allocation to corporate bonds and reduced investment in growth assets to lower its exposure to fluctuations in the market.
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NewsInvestment peaks as schemes buy cheaper gilts
News analysis: UK pension funds hit a record of £17bn of net investments during the second quarter, largely as a result of schemes taking advantage of lower bond prices, according to data from the Office for National Statistics.
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News
Local govt funds swap 'Care' title to explain reform
Local government pension schemes have decided to use ‘account’ rather than Care when communicating their reformed scheme structure to avoid negative associations.
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News
How competition affects derisking opportunities
News analysis: Reduced competition in the derisking market could limit value for schemes despite opportunities from rising gilt yields, Leadership summit delegates heard, while other market experts defended prices.
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Opinion
Editorial: Can the UK learn from US pensions?
Talk of special relationships between the UK and US has again hit the headlines. Although there seems to be common ground when it comes to politics, it has not extended into the world of pensions.
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News
Scheme grabs chance to hedge inflation risk
Marsh & McLennan Companies UK Pension Fund has increased its interest and inflation rate hedge for its defined benefit scheme, to help protect its funding position against fluctuations in rates.
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News
Members need push to use scheme calculators
The use of pension charges calculators to inform members has become the norm for pension funds, industry experts say, but member engagement is still low.
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News
YMCA launches derisking strategy to improve funding level
YMCA Pension Plan has launched a derisking strategy to match “more closely” its allocation approach and liability profile, and has appointed a delegated manager to oversee nearly all of its portfolio.
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NewsCharity bears brunt of AE contributions
Action for Children has said it chose to place a greater burden on itself than employees when setting its auto-enrolment contribution levels, in a drive to create fairness.
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News
Poor data impeding derisking plans for smaller schemes
News analysis:Industry experts have said schemes with poor-quality information should not be put off derisking, following recent research showing many funds feel stifled by inadequate data.
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NewsHow BBC scheme cut £750m off its funding deficit
The BBC Pension Scheme has chipped an estimated £750m off its funding shortfall by reducing its allocation to equities over the past 10 years and increasing employer contributions.
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NewsAxa ups benefit in final deal on DB scheme closure
Axa has confirmed it will close its UK defined benefit scheme from next month following a review, with current members receiving additional pension payments under the final agreement.
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News
Chiltern funds target £2.5m merger saving
Oxfordshire, Buckinghamshire and Berkshire councils are in preliminary talks about merging their pension funds in an attempt to save £2.5m a year, as more local authority schemes club together to reduce costs.
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Opinion
Old does not necessarily mean vulnerable for Pies
It is in no one’s interest to make unsuitable pension increase exchange offers, and they are easily avoided, argues JLT Wealth Management’s Jonathon Webb in the latest edition of Informed Comment.
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News
Making good your scheme's common data shortfall
News analysis: The Pensions Regulator's annual record-keeping survey, released earlier this week, demonstrated a lack of awareness among smaller schemes of their data obligations, but also contained hints about how to repair administrative faults.
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NewsTwo in five schemes use multi-asset to fight volatility
Data analysis: The use of multi-asset products has increased as schemes look to mitigate market volatility with the product, which promises equity-like returns with downside protection, investment data show.
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NewsPension contributions illustrate DB/DC divide
Data analysis: Employer contribution rates are on the rise in defined contribution schemes but are still significantly lower than defined benefit employer contributions, according to data from the Office for National Statistics.
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News
Environment Agency to revamp SRI gameplan
The Environment Agency Active Pension Fund has said it is seeking “new and innovative ideas” on sustainable equity investment in a bid to lead best practice in the area while driving forward its responsible investment strategy.
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News
How schemes can manage cash flows
Schemes are being advised to reconsider investments as almost a third of defined benefit pension schemes expect to be cash flow negative this year, a survey has found.