DB

Pension deficits in DB schemes grew by 5.1 per cent in the first three months of 2020, as a result of market falls. This figure was calculated by the Legal & General...

Only 5 to 10 per cent of sponsoring companies are expected to suspend or reduce deficit contributions into DB pension schemes, according to research from the Society of Pension Professionals. In a...

TPT Retirement Solutions has appointed Helena Dumycz as its new head of employer relationships. Dumycz, a qualified actuary, has 18 years’ experience in the pensions sector and has worked in consulting and...

Before trustees allow employers to delay making contributions into DB schemes, they need to consider how they would ‘switch on’ payment mechanisms again. This warning comes from LCP partner Steven Taylor. He...

Premier, the pensions, employee benefits and wealth management business, has appointed Alastair Aird as its chief executive officer to lead the firm’s plans for strategic growth. Aird has transitioned since the start...

Mercer has appointed former PwC pension risk transfer specialist Ben Stone as partner in its own risk transfer team. In his new role, Stone will advise clients on bulk annuity, member option...

The Pensions Regulator has issued its annual funding statement, urging trustees and employers to work together to manage the immediate financial problems caused by the Covid-19 lockdown. However TPR stresses that there...

Pension schemes are being urged to send DB members looking to transfer a Covid-19 transfer warning letter highlighting the risks of doing so during the pandemic, following new guidance from the regulator...

Some companies could see the levy paid to the Pension Protection Fund rise by £1m as a result of the Covid crisis, according to new analysis. Data from pension consultants LCP suggests...

The Covid crash was the test that pension funds didn’t want – at least not yet. It has proved an examination of the pensions sector on so many levels. Most fundamentally it has...