All Defined benefit articles – Page 210
-
NewsUnilever creates DC committee to focus governance
The Unilever UK Pension Fund has set up a defined contribution committee to boost three key areas of management of its members’ savings.
-
Opinion
Why I’m optimistic on the future of defined ambition
In this week’s Informed Comment, Barnett Waddingham’s Nick Griggs looks at the two broad options for a risk-sharing middle way between defined benefit and defined contribution.
-
Features
PPF widens investment scope to reduce risk
The Pension Protection Fund has targeted a broader range of sophisticated fixed income assets while maintaining a liability-driven investment strategy in order to reduce the fund’s overall risk.
-
News
First Bus uses DC 'nursery' to handle AE
First UK Bus Pension Scheme has set out its redesigned benefits structure, having sought to meet the challenges of auto-enrolment and the end of contracting out by segmenting its workforce.
-
News
FDs urged to collaborate with trustees on DB deficits
Finance directors are making a “big mistake” if they think they can get defined benefit liabilities off their balance sheets without collaboration with trustees, a scheme manager told delegates at the 2013 NAPF conference.
-
News
Hilton enhances fid man role to reduce volatility
Hilton UK’s pension scheme has built greater delegation into its fiduciary management mandate to enable it to make quicker investment decisions and reduce volatility within the scheme.
-
News
NESPF payroll shift cuts 25% from processing time
North East Scotland Pension Fund has implemented an integrated payroll system to provide a more accurate and timely way of paying out benefits to members.
-
Opinion
PPF: How we hunt for value on legal advice
The PPF’s David Taylor explains how its refreshed legal panel will help to improve value for the fund’s almost 200,000 members.
-
NewsSaul outlines policy for strengthening through mergers
The Superannuation Arrangements for the University of London has detailed its merger policy as part of work to help achieve economies of scale across support staff pension schemes.
-
News
Xerox underlines member responsibility in DC plan
Xerox has called upon employees being transferred from a defined benefit to defined contribution arrangement in January to become more involved in their pension to get a good retirement income.
-
News
Defence schemes 'future-proof' MNT governance
The Selex and AgustaWestland pension schemes have reformed their member-nominated trustee election processes to safeguard decision-making continuity for their beneficiaries.
-
News
MNOPF increases contributions to secure benefits
The Merchant Navy Officers Pension Fund has increased employer and member contributions to the new section of its defined benefit scheme to strengthen its ability to pay future benefits.
-
News
Teesside ups cash awaiting more profitable equity market
Teesside Pension Fund has increased its cash holdings by nearly a quarter after deciding to wait for more favourable conditions before investing further in equity markets.
-
OpinionBA scheme inserts murder exemption into rules
The New Airways Pension Scheme has made an amendment to its scheme rules to be able to deny benefits to a member’s spouse or dependant who is guilty of that member’s murder.
-
Opinion
Why bulk derisking is the answer for almost all schemes
Towers Watson’s Ian Aley argues “almost every pension scheme” would benefit from buy-in or buyout, and explains how to take advantage of the current funding climate, in the latest Informed Comment.
-
Features
Rexam funding peak triggers risk reduction
Rexam Pension Plan took advantage of a brief funding peak earlier this year to increase its inflation hedging and insure against equity losses, as more schemes implement trigger-based derisking strategies.
-
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.
-
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”.
-
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.
-
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.