The Universities Superannuation Scheme (USS) is expected to submit its 2018 valuation to The Pensions Regulator in the coming days, despite admitting it is “pushing their limits” in terms of acceptable risk.
Growing market volatility could adversely affect defined benefit (DB) schemes nearing buyout over the next five years, Barnett Waddingham says.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the August 2019 estimates on the various measures…
Almost all UK defined benefit (DB) schemes (92%) have set clear long-term funding targets, with most focused on buyout or self-sufficiency, according to Aon.
Melrose Industries has separated one of GKN's two defined benefit (DB) schemes into four sections allocated to the aerospace and automotive segments of the business, according to its half year results.
Just Group is exploring a defined benefit (DB) de-risking partnering approach as part of the development of a capital light fee business, according to its half-year results.
The Treasury will soon consult on moving the calculations behind RPI to match another index. James Phillips looks at the proposal and its potential impact on pension schemes.
As one of the biggest IFA firms withdraws from the transfer market, Kim Kaveh gauges views on whether the move will impact scheme de-risking plans.
The Beam UK Pension Plan has appointed Willis Towers Watson to provide actuarial, fiduciary management, consulting and administrative pension services through its bundled OneDB service.
NHS Employers has published guidance for employers to support staff affected by the pension taxation issues.
National financial advisory firm LEBC Group has stopped offering advice on defined benefit transfers after a review from the Financial Conduct Authority (FCA).
Trustees and sponsors of UK defined benefit (DB) schemes should consider diversifying their growth portfolios to protect against the possibility of a market crash, according to Cambridge Associates.
Teachers and doctors could have grounds for a legal challenge against the government for age discrimination if they have been moved to a less beneficial pension scheme, Leigh Day says.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
The various potential routes for the government to respond to the McCloud judgment will mean some members lose out, writes Moira Warner.
Medicash has transferred its defined benefit (DB) scheme to TPT Retirement Solutions' DB Complete master trust, improving the security of member's benefits.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the July 2019 estimates on the various measures…
Driven by an increase in corporate bond yields and the continuing payment of deficit contributions, 2018 was a positive year for the disclosed financial position of the FTSE 350's defined benefit (DB) schemes, with the aggregate deficit decreasing from...
Defined benefit (DB) scheme trustees are spending too much time focusing on how well funded their schemes are, River and Mercantile Derivatives says.
Royal London's new business pension sales fell by 4% over the course of a year primarily due to a slowdown in defined benefit (DB) transfers, the firm's half year results reveal.
Planning the journey towards equalised GMPs will make the process more enjoyable than focusing on the timing of reaching the end goal, says Girish Menezes.
The Plumbing and Mechanical Services (UK) Pension Scheme has completed its 2017 valuation, calculating scheme assets were enough to cover 102% of its liabilities.
Pensions and investment consultancy Mercer has come under fire after taking 10 months to complete a defined benefit (DB) transfer.
Local government funds should ditch prescribed governance models and move instead towards an outcomes-based approach with minimum standards, a report has proposed.