Investment

The number of people transferring out of defined benefit (DB) schemes each month doubled over the last year, according to figures from Xafinity.

Defined benefit pension schemes should be braced for a year of low funding ratios, weaker returns, and more volatility against an uncertain economic backdrop, according to BlackRock.

Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.

Vicky Carr says that escrow arrangements have been the most popular type of contingent asset used by Sackers' clients over the past 12 months, a trend she expects to continue in the current low gilt yield environment.

Mercer has appointed Wayne Davidson as senior consultant in its investment advisory service as the firm looks to grow the business.

'Drawdown isn't always the best option for clients'

Workers at United Utilities are set to vote on industrial action if the firm goes ahead with plans to close its defined benefit (DB) scheme.

Deficits of UK defined benefit (DB) schemes rose £36bn to £264bn last month as a result of falling interest rates, figures show.

Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".

The RAC (2003) Pension Scheme has completed a £600m longevity swap with Scor Se, which could be a watershed in how small schemes manage longevity risk.