A large number of the £1 trillion of pension funds using liability driven investment (LDI) strategies would have gone bust rendering defined benefit schemes worthless if the Bank of England hadn’t intervened,...
Sackers has hired associates Sam Taylor, Bethan Rowlands and George Carr. Taylor, Rowlands, and Carr will provide trustees and employers with advice on a variety of DB and DC concerns, such as...
Legal & General says it remains in strong health despite the market volatility that has rocked the Liability Driven Investment (LDI) sector and led to emergency Gilt purchases by the Bank of...
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...
