Pension insurer Rothesay has completed a £160m full scheme buy-in with the Bakkavor Pension Scheme. The scheme is sponsored by Bakkavor Foods, a company specialising in freshly prepared foods, which was acquired...
The Northern local government pension scheme, which manages more than £70 billion in assets, has named Elizabeth Renshaw-Ames as the incoming chair and Paras Anand as the new CEO. Renshaw-Ames joins from...
Consolidator scheme Clara Pensions has reached agreement with the trustees of the Videndum DB Pension Scheme, marking the latest ‘superfund’ transaction to take place in the UK market. Under the agreement, the...
The Broadstone Sirius Index has shown that pension scheme funding suffered setbacks in the face of considerable economic and market volatility following the ongoing US-Israeli war in Iran. The funding level of...
Trustees should consider how a covenant is impacted by geopolitical volatility and factor that into assessment of covenant reliability, according to consultancy Lane Clark & Peacock. The statement comes at a time...
DB pension schemes could risk poorer member outcomes and engagement if they fail to offer a high-quality member experience as they approach endgame, according to a report by Hymans Robertson. The ‘Excellence...
The investment subsidiary of Universities Superannuation Scheme has acquired a majority stake in Venn, an investment manager of private credit strategies within the UK residential sector. USS is the UK’s largest private...
Run-on has overtaken buy-out as the dominant endgame for the UK’s largest DB schemes, according to research by Brightwell and mallowstreet. The Endgame & Surplus Report 2026 is based on a survey of 23...
Consultancy firm Lane Clark & Peacock has made two senior appointments within the development and actuarial divisions of its DB pensions team. Nick Clark has been appointed to head of pensions actuarial....
Inflationary fears due to ongoing tensions in the Middle East have caused gilt yields to spike to levels not seen since the aftermath of the Liz Truss mini-Budget sell-off in 2022. However...
