Investment

While the market volatility and falling gilt yields in the aftermath of the EU referendum is bad news for DB schemes, they could actually benefit from more attractive buy-in and buyout pricing. Kristian Brunt-Seymour explores which schemes could benefit...

Just Retirement has undertaken a pensioner buy-in for the Galliford Try defined benefit (DB) scheme.

Total deficits of UK defined benefit (DB) schemes reached an all-time high of £341bn by the end of June amid uncertainty over Brexit, according to JLT Employee Benefits.

Schemes were urged to see the post referendum environment as a "world of opportunity" by an investment panel at PBUK.

The Pensions Regulator (TPR) does not recognise success by how often it uses its anti-avoidance powers, says Lesley Titcomb.

Record lows in gilt yields have pushed up the liabilities of UK defined benefit (DB) schemes to an all-time high of £2.3trn following Britain's decision to leave the EU.

The Pension Protection Fund (PPF) is considering tweaking its practices and procedures for levies, including improving its Experian model.

Lesley Titcomb has suggested a number of measures which could enable The Pensions Regulator (TPR) to better help struggling defined benefit (DB) schemes to manage risks.

The pensions minister has said investing in growth boosting and social projects could be part of a solution for deficit-ridden schemes struggling with falling gilt yields.

Defined benefit (DB) scheme liabilities are likely to rise after 10-year gilt yields fell below 1% today for the first time ever following last week's Brexit vote.