UK defined benefit scheme liabilities remained at about £1.4trn at the end of July, owing to easing price inflation and tightening of corporate bond yields, research finds.
Xafinity Corporate's UK pension scheme model, which covers 99% of the UK's DB schemes eligible for the Pension Protection Fund and some 12 million members, found liabilities remained stable at £1.4trn...
Schemes were urged to see the post referendum environment as a “world of opportunity” by an investment panel at PBUK.
The Pensions Regulator (TPR) does not recognise success by how often it uses its anti-avoidance powers, says Lesley Titcomb.
Employers are being encouraged to use advancing technology to provide employees with more personalised and optimal benefits.
Record lows in gilt yields have pushed up the liabilities of UK defined benefit (DB) schemes to an all-time high of £2.3trn following Britain's decision to leave the EU.