Drop in number of DB schemes offering discretionary pension uplifts
There has been a marked slowdown in the number of DB schemes awarding discretionary pension increases according to a survey by Aon. In a survey of over 200 schemes the firm found...
There has been a marked slowdown in the number of DB schemes awarding discretionary pension increases according to a survey by Aon. In a survey of over 200 schemes the firm found...
Pension Insurance Corporation (PIC) has completed a £4.3bn buy-in with the Rolls-Royce UK DB pension fund. This transactions covers the pensions of 36,000 people, which includes 15,000 pensioners and 21,000 deferred members....
Standard Life has completed a £1.9bn bulk purchase annuity transaction with the Sedgwick section of the MMC UK pension fund. Sedgwick Group was acquired by Marsh McLennan, the sponsoring employer in 1998. Mercer,...
The Broadstone Sirius Index shows improved funding across both the fully hedged and 50 per cent hedged DB pension scheme amid positive returns from growth assets for July. The fully hedged scheme...
Isio has launched a new service for trustees and sponsors of defined benefit (DB) pension schemes to support decision-making on long-term strategy. Isio says the service responds to a growing need for...
Schroders now manages more than £500m in assets across 10 defined benefit schemes through Enplan, the consolidation platform developed by Entrust and Isio. The milestone comes 18 months after Schroders joined as...
The value of DB transfers have increased for the first time this year according to data from XPS Group. Its transfer value index increased to a month-end value of £141,000 on June,...
We are in a new era for defined benefit schemes, with many experiencing substantial surpluses that could offer a significant financial boost to corporate sponsors. The government is enabling schemes to release...
DB funding continue to improve in June, thanks to rising asset values, although economic uncertainty could act as a brake on this positive trend. This was demonstrated with the aggregate surplus of...
More than half of DB schemes now offer additional retirement support and flexibility on income options accordiong to Aon’s latest market insight report. In addition, it found that 30 per cent of...