While rising rates will reduce liabilities, global divergence in monetary policy poses serious risks for scheme funding levels, writes Stephanie Baxter.
The Alcatel-Lucent Pension Scheme has completed a £300m pensioner buy-in with Aviva.
TVA is wrong approach post-pension freedom
Is the Pensions Institute being “extravagantly alarmist”?
UK defined benefit schemes ended 2015 with an aggregate deficit of £228bn after another difficult year, according to research from JLT Employee Benefits.
Legal and General (L&G) has completed its first medically underwritten bulk annuity deal with a £230m transaction with an unnamed scheme
Companies with defined benefit (DB) schemes are considering closing them due to changes in tax allowances made in the 2015 Budget according to research from PwC.
Inchcape has wound up the TKM Group scheme through a buyout with Aviva that covers £300m of pension liabilities.
The £150m Institution of Engineering and Technology ("IET") Superannuation and Assurance Scheme has completed a £32m medically underwritten buy-in.
The Pension Protection Fund (PPF) has made it easier for schemes to recertify some mortgage exclusions and asset backed contributions (ABCs) after a consulting on its levy rules.