More than two-thirds of DB schemes now have a long-term funding target according to Aon’s latest analysis of completed valuations this year. This report found that of these schemes with funding targets,...
Consultancy firm Broadstone has published a new guide for pension schemes setting out the detailed pros and cons of different end-game options when it comes to the long-term settlement of their liabilities. ...
There was in increase in pension transfer activity in the last month, with July’s figure rising to the highest level for almost a year, according to XPS’s transfer activity index. For July...
Almost nine out of 10 trustees of DB schemes expect to decide on an endgame strategy within the next five years, according to research by TPT Retirement Solutions. It found that vast...
The funding position of schemes in the Pension Protection Fund (PPF) remained steady, with the aggregate surplus rising moderately in July. In total the aggregate surplus of the 5,050 schemes in the...
Trustees are being warned that a quicker than expected buy-in process is creating glaring gaps for a DB pension scheme’s wind-up process. The warnings comes in the latest Risk Transfer paper from...
Most trustees are comfortable with employers taker a larger share of any DB surplus than employees, if a scheme runs on, according to new research. In a widespread survey of professional trustees...
The industry has welcomed the speed at which the government’s pensions review is being implemented, saying its two-stage approach should lead to faster industry reforms. The pensions minister Emma Reynolds is expected...
Higher bond yields have pushed down the compensation payments due to those wrongly advised to switch out of DB pensions to record lows. Broadstone’s defined benefit (DB) redress tracker shows that the...
Standard Life has appointed Jack Hill as director of defined benefit solutions, while Alex Oakley, Emma Haylock, and Joe Haswell have been appointed as bulk purchase annuity (BPA) transaction managers. Hill will...
