DB scheme surpluses rose by £10bn last month
The funding of DB schemes continues to improve, with the aggregate surplus of the 5,050 schemes in the PPF 7800 index rising in March. In total this surplus stood at £455.5bn at...
The funding of DB schemes continues to improve, with the aggregate surplus of the 5,050 schemes in the PPF 7800 index rising in March. In total this surplus stood at £455.5bn at...
XPS Pensions Group has expressed concerns about Government’s plans to use the Pension Protection Fund (PPF) to act as a public consolidator for DB schemes. The pensions consultancy said it found proposals...
Pension administrators Cartwright has expanded its team with the appointment of Gertrude Sheta to the new role of GMPe project specialist. Cartwright specialises in DB and hybrid schemes and said this appointment...
DB transfer activity fell to the lowest level for over six years, with the number of transfers in February halving compared to the year before. Latest data from XPS’s Transfer Activity Index...
Four out of 10 larger DB schemes are looking for a full buyout within three years, according to new research. The survey found the overwhelming majority of larger DB schemes were now...
Half of DB pensions schemes expect to move to the corporate sole trustee model by 2028, according to research amongst finance directors and CFOs of schemes by Hymans Robertson. More than a...
Barnett Waddingham has seen strong growth in their investment governance solution for DB schemes, which aims to help trustees and sponsors develop cost effective end game options. In the two years...
One in five over 50s are still relying on defined benefit pensions, but numbers are expected to decline significantly in the coming years. New figures on this shifting retirement income landscape were...
The surplus on FTSE 350 pension funds stood at an aggregate of £59bn at the end of February according to Mercer’s latest analysis. Mercer says these surplus levels have now persisted for almost...
Barnett Waddingham is expanding its bulk annuities team with the appointment of Nikhil Patel as senior risk transfer actuary. Patel is an experienced risk transfer specialist, and joins from Mercer where he...