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...
Punter Southall Governance Services (PSGS) has appointed investment professional Sasha Jain as client director and professional trustee. Jain has extensive experience of working with trustee boards and corporate stakeholders on a wide...
Mercer is the latest consultancy firm to warn that proposed government regulations will accelerate the demise of DB schemes - potentially causing problems for sponsors, trustees and DC schemes. In a strongly...
There has been a surge in demand for full scheme buy-outs from DB schemes, according to the latest data from Aon. Its latest UK Risk Settlement Bulletin says that bulk annuity insurers...
New DB regulations will force employers into a ‘one-size-fits-all-straightjackets’, which could leave some sponsors facing insolvency, according to consultants LCP. It says introducing a cut-off date for schemes to reach funding targets...
Standard Life has completed a £1bn bulk purchase annuity transaction, covering 13,000 members of the WH Smith pension trust. This sizeable transaction was completed in August and secures the benefits of members...
The Net Zero Investment Consultants Initiative’s (NZICI) core objective is for its member organisations to align their advisory services and operations with a 1.5 degrees emissions trajectory, as per the Paris Agreement....
The Department for Work and Pensions (DWP) has today started a fresh consultation on steps to strengthen protections for participants in defined benefit (DB) pension plans. Under the new proposals, all schemes...
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...
