All Pension increase exchange (PIE) articles – Page 2
-
News
Norcros plugs deficit with suite of liability exercises
Kitchen and bathroom accessories group Norcros has plugged its scheme deficit by £1.7m through a series of liability management exercises, as pension funds see a further deterioration in funding levels.
-
Opinion
Is now a good time for an ETV or Pie exercise?
Aon Hewitt’s Ben Roe examines whether the new flexibility for DC means 2015 is shaping up to be the ‘year of the transfer value’ for DB schemes.
-
News
Invensys blitzes liabilities with cash, PIE and closure plans
Invensys Pension Scheme has launched a three-pronged attack on its liabilities by offering defined benefit members cash for smaller pensions and the option of trading in pension increases on larger pots – while planning to cease all accrual.
-
Features
BAE sees four in 10 agree to give up pension increases
BAE Systems Pension Scheme has experienced a 38 per cent take-up of a pension increase exchange offered to pensioner members, in an exercise to reduce its inflation risk.
-
News
Three in four DB schemes sizing up post-Budget incentive exercises
Benefit consultants have reported that as many as three-quarters of their defined benefit scheme clients are considering incentive exercises to reduce their risks following the introduction of the Budget freedoms.
-
News
Buy-in market predicted to reach new heights
The amount of scheme liabilities underwritten by insurers is expected to reach a record high this year as buy-ins become more affordable and scheme confidence grows, derisking consultants have said.
-
OpinionEditorial: Care for a slice?
There has been a "resurgence of activity" in the pension increase exchange market, we read this week. Is that a good thing for members?
-
News
BT 'pleased' as 30,000 members seek Pie advice
BT has attracted interest for its pension increase exchange exercise from more than 30,000 members, as one of the highest-profile employers to offer the liability-reducing tool.
-
Opinion
Old does not necessarily mean vulnerable for Pies
It is in no one’s interest to make unsuitable pension increase exchange offers, and they are easily avoided, argues JLT Wealth Management’s Jonathon Webb in the latest edition of Informed Comment.
-
NewsRoyal British Legion to expand Pie after £1m saving
The Royal British Legion is working on a pension increase exchange offer for members coming up to retirement, after an exercise with the scheme’s pensioners last year knocked £1m off its deficit.
-
Features
Pearl wipes £19m off liabilities with Pie exercise
The Pearl Group Staff Pension Scheme has closed its funding gap by £19m through a derisking exercise that achieved a 40 per cent take-up among eligible pensioners.
- Previous Page
- Page1
- Page2
- Next Page