All Defined benefit articles – Page 5
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NewsDB liabilities set to rise as life expectancy climbs
Defined benefit pension schemes could see their liabilities rise by around 0.5% depending on demographics after new mortality data was released.
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People NewsOstermann exits PPF as chief operating officer steps into CEO role
Richard Beaven, currently chief operating officer, has been appointed acting chief executive and has joined the PPF board as an executive director.
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People NewsPIC poaches Standard Life investment boss for chief exec role
Mike Eakins is currently group chief investment officer at Standard Life and CEO of its Retirement Solutions and Asset Management business.
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NewsBulk annuities roundup: Athora completes PIC acquisition
Plus: Aviva and Royal London release 2025 business results; Canada Life’s £80m buy-in with Safeway Pension Scheme.
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FeaturesWhat does Alphabet’s 100-year bond mean for UK pension schemes?
The entry of Google’s owner into the UK bond market made an undeniable splash, but the impacts on key fixed income investors such as DB pension schemes are more likely to be gentle ripples, writes Bradley Gerrard.
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NewsIndustry wants formal processes for pro trustee appointments
Safeguards are needed for sole trustee appointments and to address conflicts of interest where professional trustee firms offer additional services such as administration or investment advice.
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NewsTPR’s predictions for the DB run-on market
The regulator has published a major forecasting exercise exploring the potential evolution of the DB sector under different scenarios, including growing appetite for run-on approaches and a successful superfund market.
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NewsVigilance needed as geopolitical tensions drive DB sponsor profit warnings
More than a quarter of UK-listed companies with a DB scheme have issued at least one profit warning in the past 12 months, according to new analysis by EY.
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OpinionTrusteeship and administration: Preparing for a consolidated future
David Fairs, a former TPR executive and now chair of the Pensions Administration Standards Association (PASA), looks into what the rapidly evolving pension landscape means for administration providers.
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OpinionPMI: Investing in admin skills to protect savers as outsourcing increases
Varsha Gicas, chief customer officer at the Pensions Management Institute (PMI), reflects on her recent visit to India and explains why investing in global professionals is essential to raising standards across the industry.
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People NewsRailpen appoints senior duo to C-suite roles
Railpen, the £34bn pension scheme for the railways industry, has appointed a new chief risk officer and chief people officer.
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News‘Landmark moment’ as PPF confirms zero levy for 2026-27
The vast majority of the almost 5,000 DB schemes eligible for PPF protection won’t pay a conventional levy next year – the second year in a row this has happened.
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NewsHow a hybrid DC scheme tapped into the bulk annuity market
A £13m DC pension scheme with a DB underpin has derisked through an “innovative” deal involving insurer Just Group and master trust Smart Pension.
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NewsMoving from buy-in to buyout: How fast can schemes go?
The pensions industry seems split over how quickly insurers can convert the huge number of buy-ins completed in recent years to full buyouts.
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NewsBulk annuities latest: Mirror publisher locks in £270m buy-in with M&G
A round-up of the latest bulk annuity announcements, including a £60m deal for Bodycote’s UK pension scheme and a £7m deal for financing and leasing company Black Arrow’s retirement fund.
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NewsWhat AI is telling your members about their pension scheme
PensionBee has flagged the increasing prevalence of ‘zero click’ searches that rely on AI-generated content, while consultancy Quietroom warns on serious flaws in how large language models summarise pension scheme information.
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NewsSmiths News faces TPR action over collapsed firm’s DB scheme
The media distribution company could receive a bill from the regulator related to the DB scheme of a former subsidiary, which entered administration after being sold in 2020.
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NewsTechnology giants download pension risk through buy-ins
Technology companies IBM and Sopra Steria have insured defined benefit liabilities through buy-ins announced today, as the flurry of bulk annuity announcements continues.
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NewsBulk annuities latest: L&G and Just Group announce transactions
Four schemes secure member benefits with buy-ins, with more than 1,000 pensions insured in deals worth a combined £97.4m.
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NewsThe growing importance of member service through buy-ins
Insurers need to provide greater transparency around their member services provision, according to a new report, as post-transaction considerations are becoming increasingly important in bulk annuity deals.