Investment advisers have been taken by surprise by the recent drop in government bond yields which have inflated schemes’ liabilities and delayed derisking strategies.
PPF assesses out-of-cycle valuations for schemes affected by 'money purchase' definition
|
June 2, 2014
The Pension Protection Fund launched a consultation last week to assess the material change in risk to the lifeboat brought about by the changes to the definition of money purchase benefits, which will come into force later this year.
Disclose hidden transaction costs, report urges asset managers
|
May 27, 2014
Asset managers should disclose the full transaction costs rather than just the headline annual management charge, the Pensions Institute has urged, to allow investors to assess the value of their investments.
SPC president-elect Buchanan makes historic DC changes a priority
|
May 13, 2014
The Society of Pension Consultants has announced Duncan Buchanan as its president-elect, succeeding Pan Trustees director Roger Mattingly, who has been in the role since June 2012.
Buchanan, also a partner in the pensions team at law firm Hogan Lovells, will formally commence his new post on June 1.
The move sees the pensions body refreshing its manifesto to focus on “ensuring the success of the recent developments in the pensions industry” and will be Buchanan’s key priority during his term.
Buchanan told Pensions Expert that the incumbent president Mattingly had “worked really hard” over the past couple of years and had achieved a great deal during what was a period of great change.
SME 'genuinely worried' about Budget impact on engagement
|
May 12, 2014
A British manufacturer has raised concerns about how the greater retirement flexibility announced in the Budget will impact the success of workplace saving and auto-enrolment, saying employees will need more help to navigate the system.
Battle to plug deficits continues as FTSE 100 see £8bn deterioration
|
May 1, 2014
The total deficit of FTSE 100 defined benefit schemes worsened by an estimated £8bn, bringing the total to £57bn at the end of 2013, according to research, but experts maintain larger schemes are managing their risk exposures effectively.
Pension funds drive property surge as index linkage takes off
|
April 10, 2014
Schemes are looking towards property for further diversification, having expanded alternative property investments fivefold last year, as experts predict improved economic sentiment and a lack of development sites could stimulate rental growth.
Experts call for smart beta credit to meet diversification demand
|
April 3, 2014
Alternative fixed income indices could be the next frontier in smart beta investing for pension schemes, industry experts have said, calling for a shift in focus away from equity strategies.
Multi-asset exposure surges as schemes focus on volatility
|
March 11, 2014
The proportion of pension schemes with multi-asset fund exposure has risen to 83 per cent, up from 70 per cent just six months ago, as schemes look to control volatility and mitigate macroeconomic risk.
Only a third of workers alerted to AE by employer
|
March 10, 2014
Data analysis: Nearly two-thirds of workers heard about auto-enrolment through the media rather than from their workplace, sparking concerns that employers are not playing a strong enough role in communicating the reform.