Compensation has reached ‘fresh lows’ after financial conditions soften
More schemes are in surplus, with an aggregate surplus of £455.5bn seen in March
Solution designed to facilitate an easier entry into the buy-in market for schemes of all sizes
Provider says move will reduce post volumes and free up administrator time
PwC research says it is ‘critical’ for schemes to assess full range of options for their endgame
Sponsors urged to negotiate ‘robustly’ on funding assumptions and agreements
The events of the past 18 months have resulted in significantly improved funding positions for many UK defined benefit (DB) pension schemes. As a result, pension scheme trustees and their corporate sponsors are suddenly faced with an ‘endgame’ decision...
Consultancy finds continued surpluses generating ‘appetite’ for run-on
Mike Birch says trustees need a clear plan to take advantage of current funding positions
Hymans Robertson finds CMI model update could mean 3% reduction in liabilities