Jonathan Stapleton looks at research from Llewellyn Consulting, which analyses the impact of DB liabilities on the share price of FTSE100 firms.
At a Glance There is broadly a 1:1 effect of deficits on the market value of firms when measured on a ‘risk free’ basis This is equivalent to an additional risk premium of 20% of disclosed pension...
Helen Morrissey looks at pension schemes' experience of investing in the property market during 2016 and asks what they can expect during 2017
The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.
There could be a case to suspend indexation for schemes which are underfunded and where sponsors are in stress, the government has said.
Willis Towers Watson (WTW) has launched a global marketplace in a bid to make the investment management industry more efficient and substantially cut scheme costs.