Funding of DB schemes at ‘record levels’: XPS Group
DB pension surpluses continue to stand at record levels, having risen by almost £50bn in 12 months according to new data from XPS Group. The data shows that UK DB schemes maintained...
DB pension surpluses continue to stand at record levels, having risen by almost £50bn in 12 months according to new data from XPS Group. The data shows that UK DB schemes maintained...
The Broadstone Sirius Index shows funding improvements across both the fully hedged and 50 per cent hedged DB pension schemes, with the asset growth exceeding liability increases from a slight rise in...
Increases in gilt yields has pushed DB redress payments down to a record low, according to new data. First Actuarial’s redress tracker shows that redress on a book of DB transfer advice...
The number of people transferring defined benefit pensions into defined contribution (DC) arrangements continues to fall according to the latest FCA data. Its figures show that the number of transfers have more...
More than six in 10 defined benefit schemes are now in surplus according to the latest data from The Pensions Regulator (TPR). Its annual review of schemes valuations shows that this is...
Standard Life has appointed Claire Altman to the newly established position of business development & origination director. In this role she will look to drive growth across the defined benefit and individual...
There has been a marked slowdown in the number of DB schemes awarding discretionary pension increases according to a survey by Aon. In a survey of over 200 schemes the firm found...
Pension Insurance Corporation (PIC) has completed a £4.3bn buy-in with the Rolls-Royce UK DB pension fund. This transactions covers the pensions of 36,000 people, which includes 15,000 pensioners and 21,000 deferred members....
Standard Life has completed a £1.9bn bulk purchase annuity transaction with the Sedgwick section of the MMC UK pension fund. Sedgwick Group was acquired by Marsh McLennan, the sponsoring employer in 1998. Mercer,...
The Broadstone Sirius Index shows improved funding across both the fully hedged and 50 per cent hedged DB pension scheme amid positive returns from growth assets for July. The fully hedged scheme...