All Defined benefit articles – Page 6
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In DepthIn Depth: Will a rise in run-on strategies affect bulk annuity demand?
Pensions Expert explores how DB schemes’ increased interest in running on and generating a surplus could affect the bulk annuity market.
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NewsHow TPR helped secure funding boost for newspaper scheme
A pension scheme sponsored by Reach - and previously involved in the Robert Maxwell fraud - has settled a funding dispute following an intervention by the Pensions Regulator.
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NewsBulk annuities latest: Canada Life secures landmark £361m buy-in
Canada Life has completed one of its biggest bulk annuity deals, a £361m buy-in with an unnamed pension scheme.
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OpinionMore work needed on PPF levy: Railpen
The planned reduction in the PPF levy is a welcome reform, but there’s still work to do, argues Railpen’s pensions policy manager Tim Miller.
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NewsSimplify actuarial advice rules, argues SPP
Proposed new rules for actuarial advice should be revised to reduce unnecessary communication and complexity, according to the Society of Pension Professionals.
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NewsBrookfield gets green light from UK regulators to enter bulk annuity market
Plus: Utmost strikes investment partnership with Schroders; Just insures careers charity pension scheme for £2.8m.
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NewsWhat a new mortality model means for your pension scheme
New mortality data and calculations being introduced later this year could increase liabilities for some DB schemes – but others could see theirs fall further.
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NewsBulk annuities latest: M&G, L&G and Just seal full scheme buy-ins
Three transactions range from a £111m buy-in for an unnamed asset manager’s scheme to a sub-£4m deal for ME Group International’s pension fund.
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NewsArcadia secures scheme merger ahead of wind-up
A High Court ruling has approved the merger of collapsed retailer Arcadia’s two pension schemes, citing a “moral obligation” to put them on an equal footing.
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NewsCentrica reduces DB scheme contributions as deficit narrows
Centrica will pay around £30m a year less into its defined benefit pension schemes as a result of a significant reduction in the overall deficit.
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NewsHow trustee boards are tackling the fallout from the Virgin-NTL case
The ICAEW reports three different approaches being taken by trustee boards when reviewing past scheme amendments in relation to last year’s Virgin-NTL ruling.
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NewsUSS rules out bid for healthcare property developer Assura
The £77.9bn pension scheme has opted not to pursue a bid for healthcare property investor Assura that it had previously submitted with KKR.
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News
Bulk annuities latest: Utmost to overhaul IT infrastructure
Plus, buy-in deals sealed by Standard Life and Legal & General worth a combined £620m.
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OpinionCompeting agendas: Does the pensions industry need a rethink?
How can the pensions industry improve how it manages and avoids conflicts of interest? Darren Philp, co-host of the V-FM Podcast, scrutinises master trusts and professional trustees to pose some important questions.
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NewsUK pension market growth slowest among largest peers
New research shows a drop in UK pension assets as a proportion of the largest pension markets in the world.
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NewsCompetition for small scheme bulk annuity deals increasing, data shows
Plus: Royal London lands buy-in deals with Lufthansa schemes and PIC insures financial regulator’s pension plan.
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FeaturesHow PPF benefits will – or won’t – appear on pension dashboards
With just three months to go until live data connections to the dashboards ecosystem, there’s a hiccup in Richard Smith’s quest to see his total estimated retirement income on a dashboard.
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FeaturesInnovation needed to stop illiquid assets delaying bulk annuities
Consultancy giant Aon has written to insurers calling for more innovation on tackling illiquid assets held by pension schemes approaching the bulk annuity market.
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NewsDWP to consider changes to PPF levy [updated]
The next PPF levy bill could be smaller or even zero, after the DWP agreed to consider changes to the levy rules.
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In DepthIn Depth: ‘Seminal moment’ for DB as government eyes surplus extraction
As the government casts its eye over well-funded DB pension schemes, Pensions Expert explores the industry’s calls for this to be done responsibly.