All XPS Pensions Group articles
-
NewsXPS urges fiduciary manager reviews as more DB schemes consider run-on
Improved funding levels and changing DB endgames are altering what schemes need from their fiduciary managers, according to XPS Group.
-
NewsDB surplus release rules need refinement, industry tells government
With the government’s consultation on draft rules closing next week, providers and trade bodies have been forthright in their views on the plans, with many changes urged to ensure fairness and mitigate conflicts of interest.
-
FeaturesSizing up the challenge: Managing the transition from buy-in to buyout
Insurers and consultants are confident about their ability to handle the high volume of bulk annuity deals, but juggling demand for resources as schemes transition from buy-in to buyout could be tricky, as Bradley Gerrard reports.
-
ArticleSurplus release: Time to put plans and policies in place
The Department for Work and Pensions, HM Revenue & Customs, the Pensions Regulator and the Financial Reporting Council are all working together to construct the surplus release framework for defined benefit pension schemes.
-
ArticleScale and consolidation: Finessing the detail of the £25bn target
The government has sought to provide more clarity on elements of its scale and consolidation plans ahead of a full consultation next year.
-
People NewsAppointments: Aretas and BESTrustees add to pro trustee line-ups
The latest hires, promotions and appointments for the week ending 1 May 2026.
-
People NewsAppointments: Promotions at XPS and Trafalgar House
The latest hires, promotions and appointments for the week ending 24 April 2026.
-
People NewsAppointments: Hymans names corporate DB lead
The latest hires, promotions and appointments for the week ending 2 May 2025.
-
People NewsAppointments: AMNT, Pi Partnership, Towers Watson, XPS
The latest hires, promotions and appointments for the week ending 21 March 2025.
-
News
Standard Life completes £1.2bn buy-in with Mitchells & Butlers pension plan
Standard Life has completed a £1.2bn bulk purchase annuity transaction covering the 20,200-member strong Mitchells & Butlers pension plan.
-
NewsAmey OS Pension Scheme completes £400mn buy-in
On the go: The £673.8mn Amey OS Pension Scheme has secured a £400mn buy-in transaction with Pension Insurance Corporation.
-
NewsDB schemes’ funding position improves £400bn in 2022
On the go: The aggregate funding level of defined benefit schemes improved by around £400bn in 2022, with many of these plans moving into a surplus for the first time, new research has shown.
-
NewsCo-operative Pension Scheme completes £1.2bn full section buy-in
On the go: The £11.8bn Co-operative Pension Scheme’s £2.1bn Bank Section has completed a full £1.2bn buy-in with Rothesay.
-
News
DC providers fail to commit to ending fossil fuel expansion
None of the UK’s 20 largest defined contribution pension providers have explicit policies aiming to end fossil fuel expansion, a campaign for improving the environmental credentials of pensions has claimed.
-
NewsFiduciary managers rip up schemes’ investment guidelines
On the go: Some fiduciary managers have altered investment guidelines for all of their clients in light of October’s market turmoil, which saw schemes scramble for liquidity in response to collateral calls from liability-driven investment managers.
-
FeaturesDB schemes and LDI: ‘We’re through that firefighting phase’
Analysis: The dust has settled after a tumultuous month for defined benefit pension schemes.
-
NewsProcess non-red-flagged transfers ‘as speedily as possible’
On the go: The Pensions Administration Standards Association has encouraged schemes and administrators to process transfers that do not raise red flags as quickly as possible.
-
NewsLDI: L&G admits markets turmoil ‘caused challenges’ for clients
Market moves: Legal & General notes the problems posed for clients by the speed of recent rate increases, asset managers limit withdrawals from property funds, and soaring gilt yields supercharge defined benefit scheme funding levels.
-
NewsTPR called to regulate schemes’ LDI leverage levels
The Pensions Regulator should consider regulating levels of liability-driven investments leverage to guarantee that pensions schemes can withstand future market volatility, experts have warned.
-
NewsTPR: Schemes had right structures in place to face market crisis
The Pensions Regulator believes defined benefit schemes had “sensible waterfall measures in place” to face the collateral calls prompted by rising gilt yields and has advised struggling trustees to speak to their advisers.