Schroders has committed to running on its defined benefit (DB) pension and using up to 10 per cent of its DB pension surplus yearly to support DC commitments, ensuring DB stability through...
HM Treasury has confirmed the Government's plans to relax rules around DB surplus access. The rule changes will allow surplus funds, currently stuck in pension schemes, be invested in the broader economy which...
DB transfer values remained steady through most of 2024 but dropped sharply in the final quarter, hitting its lowest point in December, according to data from XPS Group. The group says that...
The Pensions Regulator could play a key part in driving the government’s growth agenda through reform of DB funding, according to LCP. The comments come as leaders of the UK's main economic...
Over the final quarter of 2024 and into 2025 UK gilt yields have risen steadily, with the 15-year nominal (spot rate) yield increasing from 4.43 per cent as at 30 September 2024...
The typical defined benefit transfer complainant is now likely to receive no compensation at all for poor advice due to rising annuity rates and more buoyant stock market returns. These findings come...
Defined benefit schemed saw their funding position improve overall in 2024, after deficits further reduced in December. Figures from Broadstone's Sirius index shows there has been positive funding progression for both a ...
The Financial Conduct Authority has imposed fines of more than £500,000 on two advisers, and banned them from working in financial services, after they offered flawed advice on DB transfers. As a...
The £1.2 trillion sitting in defined benefit schemes offers a potential lifeline to address some of the financial pressures the country is facing - including national debt exceeding 100 per cent of...
The Pension Protection Fund is looking to reduce its annual levy to zero, reflecting the improved funding position of many defined benefit schemes. In total the PPF now has reserves of more...
