DB funding stable despite market turbulence
The estimated surplus of DB schemes that help fund the Pension Protection Fund decreased slightly in January, according to the latest data. The PPF 7800 Index showed that the aggregate surplus was...
DB
TPR subject of new government review
The Department of Work and Pensions has appointed Mary Starks to lead a review of the day-to-day running of The Pensions Regulator (TPR). This is in line with expectations that regulators and...
Industry and Regulators Committee criticises use of leveraged LDI strategies by DB pension funds
The Industry and Regulators Committee has criticised defined benefit (DB) pension funds for using leveraged liability-driven investing (LDI) strategies and is calling for steps to strengthen regulation and lessen the possibility of...
SPP calls on regulator to simplify new funding code
The Society of Pension Professionals (SPP) has called on The Pensions Regulator to simplify its draft funding code, saying the new rules are ‘over the top’, will put undue burdens on schemes...
Toby Rockingham: A new way to manage DB pension liabilities
SPONSORED CONTENT A DB master trust provides a new option for employers and scheme trustees looking to manage legacy pension liabilities while protecting benefits for members. How does a DB master trust...
Only 12pc of corporates have endgame strategy
Schemes are in danger of slipping into a de facto buy-out due to a lack of an endgame strategy, according to Hymans Robertson. The majority of people, around 87.8 per cent, surveyed...
Standard Life appoints new head of reinsurance
Standard Life has promoted Jeetesh Patel to be its new head of reinsurance and structuring within its retirement solutions business. This appointed follows follows the recent promotion of Kunal Sood to managing...
New DB funding code could cost employers £34bn: LCP
The new defined benefit funding code could land employers with a bill of £34bn, according to the regulator's own estimates. Pension consultants LCP points out that these “official figures” are contained in...
WTW predicts record £60bn in 2023 pensions derisking
This year could be the biggest year on record for defined benefit (DB) pensions derisking, with at least £40bn in bulk annuity transactions and £20bn in longevity hedges expected to be completed,...
Four pension priorities for 2023: Hymans Roberson
Member outcomes, master trust consolidation and sustainable investment strategies will continue to be a key focus for the DC sector in the year ahead according to Hymans Robertson. The pension consultancy firm...
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Pensions to be key focus of Chancellor’s first Mansion House speech
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Breaking: Smaller DC providers under closure threat from Reeves reforms
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DC schemes urged to ditch lifestyling to boost member outcomes
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Aegon and Cushon commit assets to Mansion House private markets funding vehicle
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Govt asks whether EBCs and advisers should be regulated
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Smart appoints new chief commercial officer
