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...
The Local Government Pension Scheme (LGPS) has gone live with a cost transparency compliance system and has on-boarded all UK schemes onto the platform.
Against a Covid-19 backdrop of deteriorating funding positions and reduced ability to pay DRCs, Alistair Russell-Smith looks at key actions for scheme sponsors.
Castings has agreed a £72m buy-in contract for its two defined benefit pension schemes with Aviva.
Universities Superannuation Scheme (USS) has said it will go ahead with its 31 March valuation despite significant falls in asset values over the past month.
Multinational communication services giant WPP has completed a £250m buy-in for two of its pension schemes with Pension Insurance Corporation (PIC) as the insurer celebrated a “healthy pipeline” of deals amid the Covid-19 outbreak.