Trustees, consultants and insurers have launched a new industry body, aimed at supporting schemes facing critical ‘endgame’ decisions. The Endgame Perspectives Group (EPG) is a cross-sector initiative that also includes administrators and...
More than half of pension schemes see potential in the new DB surplus rules but say it’s too early to tell how impactful they’ll be, according to a recent poll at an...
Broadstone has acquired ExactVAL in order to strengthen its position in the competitive bulk purchase annuity market. ExactVAL offers actuarial valuations and cashflow analysis services for defined benefit schemes, enabling life insurers...
Three out of four defined benefit trustees say they intend to adopt the new statutory override, giving themselves the power to distribute surplus funds — according to new research. The research also...
Capital Cranfield has appointed former head of DB solutions distribution at LGIM, Lisa Purdy, as professional trustee. Purdy has 20 years of experience spanning actuarial, investment consulting, asset management and insurance. At...
The BT Pension Scheme has appointed Matt Davies to be its trustee director. Davies succeeds Emily Clark who, having left BT, stepped down from the trustee board. Davies is chief finance officer...
The Pensions Regulator (TPR) has published new guidance to help defined benefit (DB) pension scheme trustees and employers understand and assess the full range of endgame options now available in the market....
Clara-Pensions, the consolidator for defined benefit pension schemes, has extended its partnership with longevity specialists Club Vita. Club Vita was established in 2008 and works with over 500 pension funds in the...
The government plans to unlock around £160 billion in surplus funds held in defined benefit (DB) pension schemes, as announced in the Final Pension Investment Review. Trustees and employers will have greater...
Gilt yields and lower long-term inflation expectations are continuing to drive down the value of DB transfers. XPS Group’s transfer value index recorded a new record low for the second consecutive month...
