DB

Two new entrants are expected to enter the UK buy-in market in 2024 — according to pension consultants LCP.  Increased activity in this area, which has seen a record volume of buy-in...

Over the past few years we have seen unprecedented improvements in the funding levels of DB pension schemes. This has resulted in more DB schemes being in surplus and, as a result,...

First Actuarial has appointed actuary Steve Deverell-Smith to provide employer services to the firms growing private sector client base. Deverell-Smith joins from WTW where he has worked for over a decade advising...

Consultants have welcomed the tax cut on DB funds surpluses — but have called for the government to go further in enabling these assets to be put to use for the good...

This year has proved to be a record one for the pension risk transfer market.  It is forecast that pension de-risking deals will total £50bn in 2023 — the highest level on record...

Despite the improved funding positions, more than one in three (35 per cent) DB schemes have yet to finalise their endgame objective, according to the latest industry survey from Russell Investments. Its...

Just 4.2 per cent of listed UK shares are owned by pension and insurance funds— the lowest proportion on record according to new data from the Office of National Statistics.  The proportion...

Aon has appointed Geoff Bauer to be a partner in its investment team. In his new role, Bauer will advise trustees and corporate sponsors of UK defined benefit plans with a focus...

The Financial Conduct Authority’s proposed ‘polluter pays’ regulations could lead to far fewer firms offering advice on on defined benefit transfers. Actuarial consultants OAC, part of the Broadstone Group, pointed out that...

Trustees looking for a future DB buyout need to prioritise data quality and administration with insurers now in a stronger financial position and looking to cherry pick the schemes that are most...