DB

Gilt yields and lower long-term inflation expectations are continuing to drive down the value of DB transfers. XPS Group’s transfer value index recorded a new record low for the second consecutive month...

Trustees and pension professionals say the majority of DB schemes they are advising on wind-up are looking at a ‘material surplus’ of funds,  which could be distributed to employers. At a recent...

More than nine out of 10 businesses plan to access surplus funds in closed DB once the government amends legislation to permit this.  The research from Brightwell, the company that manages BT’s...

The Department of Work and Pension has said record funding levels in the defined benefit (DB) sector will mean up to £160bn could be utilised to boost UK growth.  In a statement...

Most of the UK defined benefit (DB) pension schemes, around 71 per cent, with a defined endgame plan to move to an insurance solution as soon as it is achievable, though some...

It is no secret that Rachel Reeves is increasingly desperate. She’s desperate for economic growth. In fact, it is the only metric she will be judged on when her time occupying Number...

One in four pension schemes are considering reducing exposure to the US amid ongoing uncertainty around President Trump’s tariff policy.  The survey of DB schemes, by WTW, shows many are actively reconsidering...

There is widespread support for giving trustees enhanced powers to determine whether, and on what terms surplus funds can be paid to employers. In a recent survey of both trustees and sponsoring...

The Reserved Investor Fund (RIF), a new type of UK-based contractual investment scheme, was launched on 19 March 2025. The RIF was originally proposed by the previous government, in response to industry...

The government should embrace bold pension reforms as a radical game-change for UK growth. Given the high cost of tax relief there is clear justification for the government to require pension funds...