DB

Pension trustees must act fast if they are to shore up schemes ahead of the end of the Bank of England’s Gilt purchase programme, which finishes on 14th October, warn advisers. The...

The Pension Protection Fund is expected to halve the levy is collects from to DB schemes as a result of improved funding. As part of its long-term funding strategy the lifeboat fund...

Trustees may need to evaluate fund performance and objectives in light of the major movements in financial markets after last week’s ‘mini budget’. Ross Trustees trustee director Pavan Bhardwaj says there have...

The negative market reaction to last week’s ‘mini’ budget is impacting both DB and DC pension schemes. One of the biggest impact has come from the surge in gilt yields, which is...

Increased government borrowing, confirmed in today’s ‘mini’ budget, could have a positive impact on DB schemes according to consultants LCP. This is likely to drive up long-term interest rates and reduce deficits...

UK’s schemes funding continues to improve, with the aggregate surplus of the 5,215 schemes in the PPF 7800 Index rising by £59.5bn to £313.8bn, according to The Pension Protection Fund (PPF). According...

When new ministers are appointed there is a risk that they simply roll forward everything that their predecessors had set in train.  But change of leadership offers a good opportunity to reassess...

The pensions industry has urged caution over proposed plans merge a number of financial regulators into one ‘mega-regulator’.  These plans were initially proposed on the campaign trail by Liz Truss. Now she...

The health of the Defined Benefit (DB) pension schemes in the UK has continued to improve in the second quarter of 2022, with the average scheme expected to be able to fund...

Dominic Harris, a specialist pension lawyer, has been appointed as the new Pensions Ombudsman. The Department of Work and Pensions confirmed that Harris will take over when the current Ombudsman Anthony Arter...