Investment

Imposing a higher levy on schemes without a substantive sponsor would be fairer and act as a deterrent, according to Pensions Buzz respondents.

Credit markets face challenges but there are opportunities for schemes finds Lynn Strongin Dodds

The total funding shortfall across Balfour Beatty's pension schemes rose by £85m to £231m over the course of 2016, driven by interest rate falls and contraction in credit spreads.

The Department for Culture, Media and Sport (DCMS) has confirmed Openreach employees in the BT Pension Scheme (BTPS) will have their pensions underwritten by the government.

In a move that had been widely expected by markets, the Federal Reserve has increased US interest rates by a further 25 basis points (bps), marking its third rise since December 2015, as the US economy continues to improve.

The Northern Ireland Local Government Officers' Superannuation Committee (NILGOSC) is building consensus on what the landmark Brewster judgement means for the awarding of death benefits to unmarried couples.

The Communication Workers Union (CWU) is calling on Royal Mail to merge its defined benefit (DB) and defined contribution (DC) members into a risk sharing pension scheme.

The combined deficit of defined benefit (DB) schemes increased by £45.5bn over February to £242bn according to the Pension Protection Fund's (PPF) latest update.

Pension Insurance Corporation (PIC) has invested £93m in secured debt issued by Welsh Housing Partnership, an initiative that supplies new affordable housing across Wales.

Fully merging DB assets and liabilities into superfunds is "impractical and unrealistic", according to most respondents in last week's Pensions Buzz.