DB

There was in increase in pension transfer activity in the last month, with July’s figure rising to the highest level for almost a year, according to XPS’s transfer activity index.  For July...

Almost nine out of 10 trustees of DB schemes expect to decide on an endgame strategy within the next five years, according to research by TPT Retirement Solutions. It found that vast...

The funding position of schemes in the Pension Protection Fund (PPF) remained steady, with the aggregate surplus rising moderately in July.  In total the aggregate surplus of the 5,050 schemes in the...

Trustees are being warned that a quicker than expected buy-in process is creating glaring gaps for a DB pension scheme’s wind-up process. The warnings comes in the latest Risk Transfer paper from...

Most trustees are comfortable with employers taker a larger share of any DB surplus than employees, if a scheme runs on, according to new research. In a widespread survey of professional trustees...

The industry has welcomed the speed at which the government’s pensions review is being implemented, saying its two-stage approach should lead to faster industry reforms.  The pensions minister Emma Reynolds is expected...

Higher bond yields have pushed down the compensation payments due to those wrongly advised to switch out of DB pensions to record lows. Broadstone’s defined benefit (DB) redress tracker shows that the...

Standard Life has appointed Jack Hill as director of defined benefit solutions, while Alex Oakley, Emma Haylock, and Joe Haswell have been appointed as bulk purchase annuity (BPA) transaction managers. Hill will...

Smaller defined benefit schemes have been the driving force behind the surge in buy-in and buyout activity last year, according to new analysis by consultants LCP.  It says that transactions under £10m...

XPS has handed the role of head of covenant advisory to Arabella Slinger, taking over from Paul Jameson, who will move to a role delivering specialist covenant advice. Jameson had led the...