Risk reduction

PPF updates valuation guidance

Professional Pensions | 16 Oct 2014 | 17:28 | To read this article you must be a subsriber

The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.

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Bag of money

Buyout market to exceed £20bn by 2020

The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.

Professional Pensions | 16 Oct 2014 | 10:41 | To read this article you must be a subsriber

Mobile spectrum antenna

Ofcom completes fifth buy-in with L&G

The Ofcom Staff Pension Plan has secured a £50m buy-in with Legal and General (L&G), covering approximately 30 pensioners and 320 deferred members.

Professional Pensions | 15 Oct 2014 | 11:56 | To read this article you must be a subsriber

Risk Reduction Articles

Clive Wellsteed at LCP

LCP adds buy-in price tracker to daily valuation tool

LCP has added a buy-in pricing tracker to its online valuation tool which uses up-to-date information from the biggest insurers to help clients make de-risking decisions.

Professional Pensions | 15 Oct 2014 | 10:31 | To read this article you must be a subsriber

tim-coulson

Just Retirement completes £75m buy-in

Just Retirement has completed its biggest bulk annuity deal to date, a £75m buy-in with an unnamed scheme.

Professional Pensions | 14 Oct 2014 | 16:54 | To read this article you must be a subsriber

meetings

LGIM enters fiduciary management market

Legal and General Investment Management (LGIM) has launched a fiduciary management service alongside a set of funds aimed at schemes targeting a buyout.

Professional Pensions | 13 Oct 2014 | 13:29 | To read this article you must be a subsriber

alan-rubenstein

PPF sets levy estimate at £635m for next year

The Pension Protection Fund (PPF) has set its levy estimate for 2015/16 at £635m, 10% lower than this year’s total, and said there could be further reductions to come.

Professional Pensions | 06 Oct 2014 | 12:05 | To read this article you must be a subsriber

Arrow Chart

Increasing longevity assumptions add 1.8% to DB liabilities

UK schemes have increased longevity assumptions by six months in the last three years, according to research from Mercer.

Professional Pensions | 29 Sep 2014 | 13:12 | To read this article you must be a subsriber

Photo of three rubber ducks in arow

Case study: How the ICI Pension Fund negotiated its multi-billion pound buy-in

The ICI Pension Fund agreed a £3.6bn buy-in earlier this year. Natasha Browne hears from chief executive Heath Mottram about how it went

Professional Pensions | 25 Sep 2014 | 12:51 | To read this article you must be a subsriber

coins-rising-costs

Housing associations alerted to risk of triple cost rises ahead of SHPS valuation

Housing associations could face triple cost increases under the next valuation of the Social Housing Pension Scheme (SHPS), according to Lane Clark & Peacock (LCP).

Professional Pensions | 24 Sep 2014 | 13:18 | To read this article you must be a subsriber

nick-griggs

PPF to amend levy plans on ABCs; Drops CRA override proposal

The Pension Protection Fund (PPF) will relax the tough stance it intended to take on non-property asset backed contributions (ABCs) after concluding a consultation on changes to its levy, PP understands.

Professional Pensions | 09 Sep 2014 | 13:26 | To read this article you must be a subsriber

wedgwood

Campaign launched to rescue Wedgwood collection from PPF sell-off

The Art Fund is trying to raise £15.75m to prevent the Wedgwood Museum’s collection being broken up as part of its scheme’s transfer to the Pension Protection Fund (PPF).

Professional Pensions | 03 Sep 2014 | 13:20 | To read this article you must be a subsriber

askins-peter

Trustees urged to skill up to become ‘risk managers’

Pension fund trustees are increasingly responsible for managing risk, but lack the skills to do, according to research by a pension consultancy.

Professional Pensions | 03 Sep 2014 | 12:21 | To read this article you must be a subsriber

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Pensions library

a-guide-to-pensions-stability-cover-page

A guide to Pensions Stability

 

This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.

joint-institute-pensions-survey-2014-imageset

Joint institute pensions survey 2014

 

This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

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