All Law Debenture articles – Page 2

  • News

    Bulk annuity transfers to pass £15bn in 2018

    2018-01-03T00:00:00Z

    2018 will be the first year in which buyouts and buy-ins for UK defined benefit schemes exceed £15bn, consultancy LCP has predicted, with improved funding levels and keen insurer pricing helping to establish a “new normal” in the bulk annuity market.

  • News

    Seven in 10 professional trustees want standards body

    2017-11-07T00:00:00Z

    Professional trustees have called for a body to set standards and monitor performance in the industry, but experts have cautioned against any measure that threatens the level of cognitive diversity on trustee boards.

  • Features

    EDP valuation finds liability overstatement

    2017-10-24T00:00:00Z

    The £7.8m Electronic Data Processing scheme has avoided a £420,000 addition to its liabilities, after a finalised actuarial valuation corrected an overstatement for certain deferred members.

  • Getty Images
    Features

    Reuters adds MAC fund as trend expected to continue

    2017-10-18T00:00:00Z

    The Reuters Pension Fund has invested in a second multi-asset credit fund and dropped a loans fund, as the lure of high risk-adjusted returns continues to draw investors to MAC products.

  • Features

    Structured equity appeals but ‘not a no-risk strategy’

    2017-10-03T00:00:00Z

    Analysis: For some time now, financial punters have prescribed passive investment as the low-cost panacea for investors bloodied by years of underwhelming active management.

  • Features

    What can pension schemes learn from insurers?

    2017-09-08T00:00:00Z

    Analysis: Prudent liability management features among the priorities of pension funds and insurers alike. Experts have previously called upon investors to think more like insurers, but differences in objectives, regulatory requirements and scale mean that total strategic convergence between schemes and insurers is unlikely.

  • News

    TPR naming and shaming aims to boost trusteeship

    2017-08-14T00:00:00Z

    The Pensions Regulator has reaffirmed its commitment to improving standards of trusteeship, with a series of policies that place a particular focus on the role of professional and independent board members.

  • News

    Default offerings fail to inform savers adequately

    2017-07-10T00:00:00Z

    More than a third of default fund providers are failing to meet regulatory guidance asking them to clearly state their product’s objective, according to a new report that highlights communications failings in the sector.

  • News

    Qinetiq shields funding level with boost to LDI

    2017-07-07T00:00:00Z

    The Qinetiq Pension Scheme has seen a £605m boost to its liability-driven investments and has begun discussions over its long-term future as it nears full funding.

  • Features

    Mums know best: Hogg Robinson mortality study slashes liabilities

    2017-06-02T00:00:00Z

    B2B services provider Hogg Robinson Group has undertaken a medically underwritten mortality study of its UK pension scheme members, shaving £68.4m off its liabilities.

  • News

    Wincanton runs ETV to drive liabilities down

    2017-05-23T00:00:00Z

    The Wincanton Pension Scheme has embarked on an enhanced transfer value exercise in an attempt to further cap its obligations, after trivial commutations wiped £3.8m from its liabilities.

  • News

    Industry divided over retrospective changes to pensions

    2017-05-12T00:00:00Z

    Nearly half of pensions professionals and scheme representatives believe that retrospective changes to pensions promises should be allowed, according to a recent survey, suggesting growing concern over the level of defined benefit liabilities.

  • News

    Nolan: Inflexible actuaries and trustees harm DB employers

    2017-04-26T00:00:00Z

    Trustees and their actuaries must consider the impact of deficits and funding negotiations on struggling defined benefit sponsors, the president of the Society of Pension Professionals has warned.

  • Bloomberg
    Features

    Could hybrids solve the pensions adequacy problem?

    2017-03-31T00:00:00Z

    One has to feel sorry for members of Generation X. Successive studies have shown that unlike their millennial counterparts, whose quality of retirement it is entirely within the reach of policymakers to decide, defined contribution has failed Gen X-ers.

  • LDI roundtable panel
    Opinion

    LDI: How hedging strategies should be adapted for the cash flow era

    2017-02-27T00:00:00Z

    How has liability-driven investment evolved recently, and how does it need to change to be fit for the future? Six experts discuss the issues and opportunities for LDI.

  • Opinion

    How can LDI be combined with cash flow delivery?

    2017-02-22T00:00:00Z

    How should maturing pension schemes adapt their LDI strategies to meet increasing cash flow demands, and what solutions can help them navigate collateral issues? Axa Investment Managers’ Jonathan Crowther, Barnett Waddingham’s Sophia Heathcoat, Dalriada Trustees’ Simon Cohen, Hymans Robertson’s Alen Ong, Law Debenture’s David Felder and Standard Life Investments’ Mark Foster discuss.

  • News

    FCA market study: All-in fee might not be all-in cure

    2017-02-17T00:00:00Z

    The consultation stage of the Financial Conduct Authority’s market review of the asset management industry closed last week, with experts welcoming the boost to transparency but remaining reticent over proposals for an all-in fee structure.

  • Opinion

    Is there still a place for triggers in LDI strategies?

    2017-02-13T00:00:00Z

    How should schemes react to never seeing their hedging triggers hit, and is a time-based strategy better suited to the current rates environment? Axa Investment Managers' Jonathan Crowther, Barnett Waddingham's Sophia Heathcoat, Dalriada Trustees' Simon Cohen, Hymans Robertson's Alen Ong, Law Debenture's David Felder and Standard Life Investments' Mark Foster pick apart the implementation issues for today's LDI investors.

  • Opinion

    What changes are needed in LDI strategies?

    2017-02-09T00:00:00Z

    Where are interest rates going to move over the next few years, and should schemes be worried by signs of rising inflation? Is cash flow the overriding concern? Axa Investment Managers' Jonathan Crowther, Barnett Waddingham's Sophia Heathcoat, Dalriada Trustees' Simon Cohen, Hymans Robertson's Alen Ong, Law Debenture's David Felder and Standard Life Investments' Mark Foster discuss.

  • News

    How has LDI changed over the last year?

    2017-01-31T00:00:00Z

    Have falling interest rates over the last year finally persuaded trustees and sponsors that yields may not revert to the mean, or do they expose liability hedging as expensive flattery of scheme balance sheets? Axa Investment Managers' Jonathan Crowther, Barnett Waddingham's Sophia Heathcoat, Dalriada Trustees' Simon Cohen, Hymans Robertson's Alen Ong, Law Debenture's David Felder and Standard Life Investments' Mark Foster discuss.