DB

The aggregate surplus of 4,969 schemes in the PPF 7800 Index is estimated to have increased slightly to £235.5 billion at the end of November 2024, from a surplus of £234.0 billion...

The surplus of UK pension schemes against long-term targets remained steady at £211bn in November 2024, up from £205bn in October, according to XPS Group. Liabilities increased in value, and financing levels...

The Pensions Regulator (TPR) has published updated covenant guidance for defined benefit trustees, that is aligned with its new funding code.  This update provides greater certainty over how TPR expects trustees to...

Teachers at independent schools will be asked to pay higher contributions into the Teachers' Pension Scheme (TPS) for the first time since 2015. A consultation launched this month is recommending all teachers,...

DB transfer values have fallen to their lowest level for a year, according to data from XPS Group.  The group transfer value index fell by almost 2 per cent during October this year,...

M&G has launched the first bulk purchase annuity to give the sponsor potential investment returns while at the same time securing members' benefits. The provider's Value Share Bulk Purchase Annuity (“BPA”) proposition...

There has been modest growth in the UK’s fiduciary management market, with AUMs increasing by 20 per cent in 2024 according to Isio. In its latest annual FM survey, Isio says this...

Standard Life has appointed Alexa Mitterhuber to its DB de-risking team as director of defined benefits solutions.  Mitterhuber joins from M&G where she specialised in corporate risk solutions following M&G’s re-entry into...

DC members could see their retirement pots increase by up to 40 per cent if employers use DB scheme surpluses to boost DC pension contributions, according to new research from Van Lanschot...

DB pension surpluses rose to a record level in October according to new data from XPS Group.  Its analysis shows that at the end of October schemes had assets totalling £1,452bn and...