All Defined benefit articles – Page 7
-
NewsBulk annuities update: £510m worth of benefits secured in four deals
Standard Life has secured the benefits of 2,200 people across two buy-ins worth a combined £250m, in a busy week for bulk annuity announcements.
-
NewsWhy Railpen brought its trading desk in-house
Amid widespread industry debate on consolidation and the benefits of insourcing and outsourcing, Railpen’s Jack Crawley explains how the £34bn scheme internalised its trading function.
-
NewsNatWest insures £11bn through multiple buy-ins
The high street bank has conducted a series of buy-in deals this year, reportedly with Rothesay Life.
-
NewsInvestment roundup: Aon takes on three major fiduciary clients
Plus: Pension Insurance Corporation backs £54m housing venture, and M&G launches asset-backed securities fund.
-
OpinionMaturing schemes and endgame planning: The pensions ‘teenage years’
Naomi Brown, senior counsel at Sackers, explains the parallels between managing a maturing defined benefit scheme and life as a parent.
-
NewsBudget 2024: Bond managers downplay gilt market volatility
Fixed income experts have downplayed gilt market volatility during and after the Budget announcement yesterday, as chancellor Rachel Reeves announced significant taxation and spending plans.
-
NewsMineworkers to receive 32% pension bonus
Members of the Mineworkers’ Pension Scheme will receive a bonus payment of almost a third of their regular pension income after the government confirmed it will transfer a reserve fund’s assets to the trustees.
-
NewsBulk annuities latest: L&G insures Deutsche Bank scheme for £1.1bn
Legal & General (L&G) has completed a £1.1bn buy-in with Deutsche Bank’s UK defined benefit scheme, securing the pensions of around 4,000 members.
-
OpinionCharity schemes are stronger when working in partnership
Charity DB schemes have experienced a similar positive journey to private sector peers in recent years. Charities Pensions Club director Chloe Scragg explains the challenges they still face and how they are tackling them.
-
NewsAviva converts longevity swap as part of £1.3bn RAC buy-in
Aviva has secured a £1.3bn buy-in for the RAC 2003 Pension Scheme, insuring the benefits of approximately 19,000 members.
-
NewsPLSA Conference: DB is ‘part of the future of pensions’
Defined benefit (DB) should be considered part of the future, not just the past of pensions, according to panellists at the Pensions and Lifetime Savings Association’s Annual Conference.
-
NewsMichelin insures DB scheme for £1.5bn
Tyre manufacturer Michelin has insured its defined benefit (DB) scheme for £1.5bn with Aviva, marking the biggest bulk annuity deal of 2024 so far.
-
OpinionEmpowering the £1.5trn in private sector DB pensions
How can the government help pension schemes make better use of their substantial surpluses, asks Jos Vermeulen of the Society of Pension Professionals.
-
NewsBulk annuity update: Royal London completes first external deals
One of the bulk annuity sector’s newest entrants has completed its first two transactions with external pension schemes, worth a combined £130m.
-
FeaturesHow LDI managers are getting ready for the rest of 2024
Following recent warnings about a potential return of deflation, the onus is on LDI managers to ensure their portfolios are prepared.
-
NewsSchemes relying on dashboard rollout face data ‘nightmare’
Pension schemes need to get their data in order as those assuming the pension dashboard rollout will solve this for them face a “nightmare” ahead.
-
NewsProfessional and sole trustees dominate scheme management, data shows
More than half of private sector defined benefit (DB) schemes now have a professional trustee, according to new data – with almost a quarter of schemes run by a sole trustee.
-
NewsAssessing pension insurers’ sustainability performance
Most bulk annuity providers are making good progress to decarbonise their investment portfolios and are ahead of internal targets, according to new research.
-
NewsTPR clarifies statement of strategy approach
The Pensions Regulator (TPR) has streamlined its requirements for statements of strategy in response to industry feedback, as its Defined Benefit (DB) Funding Code comes into effect.
-
NewsMerseyside strikes £200m bulk annuity deal with Aviva
The Merseyside Pension Fund has secured the benefits of around 2,500 former Arriva employees in a buy-in transaction with Aviva.