Last year saw a 70 per cent increase in profit warnings from companies with defined benefit pension schemes, according to new figures from accountants EY-Parthenon. This latest analysis shows that there were...
Defined Benefit transfer values have continued their sharp fall during June, according to XPS Pension Group. According to XPS Pension Group’s Transfer Value Index the average at month's end was £203,000, the...
Defined benefit funding levels haven’t looked so healthy for years, buoyed by the recent sharp rise in interest rates. While this presents an opportunity to progress the journey towards a “low risk”...
The majority of UK pension schemes have made a net-zero commitment, or plan to do so soon, according to the latest Aon survey. Its ‘2022 Global Perspectives on Responsible Investing’ survey shows...
The De La Rue pension scheme has completed a £320m buy-in with Scottish Widows, covering the liabilities of around 1,400 pensioner members. Hymans Robertson was the lead transaction adviser, with legal advice...
The financial position of the UK’s DB schemes continued to improve this month, with schemes eligible for the Pension Protection Fund reporting an aggregate fund surplus of £261.6bn at the end of...
XPS Pensions’ DB:UK forecasts that the average DB scheme will reach long-term aims in less than four years under the proposed new funding code regulations. According to XPS's DB:UK funding tracker, UK...
New data suggests there were a record number of NHS retirements in April, with the number of people receiving NHS pensions rising by 28 per cent year on year, to hit an...
Hymans Robertson has appointed Paul Hewitson to the newly created role of head of ESG for risk transfer. This role recognises the increasing importance of ESG and responsible investment considerations for trustees...
The majority of FTSE 350 companies ended up with a pension surplus at the end of 2021, as DB schemes emerged from the red in 2021. Latest figure from Willis Towers Watson’s...
