DB schemes benefit from surging gilt yields
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...
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...
Link Group has signed an agreement to acquire HS Pensions, in an effort to streamline and enhance the member experience in the UK retirement solutions and pensions market. According to the firm,...
This year will likely rank as the second-largest year in the history of the UK pension risk transfer market overall, with a total volume of £30–£35bn, according to Legal & General. The...
DB trustees and scheme managers must take action now to ensure the eventual move to pensions dashboards is as straightforward as possible, according to Hymans Robertson. This warning comes as the pension...