Risk Reduction

A national debate is needed to consider whether the investment approach of defined benefit (DB) schemes is storing up problems for the future, Institute of Chartered Accountants of Scotland (ICAS) president Sir Brian Souter has said.

The Former Registered Dock Workers Pension Fund has completed a £725m buy-in with Pension Insurance Corporation (PIC) in what is believed to be the biggest deal so far this year.

The six-year trend in falling life expectancy improvement rates has become "the new norm", according to 60% of scheme respondents to a Lane Clark and Peacock (LCP) survey.

Member options often provide a win-win opportunity for all stakeholders involved in a pension scheme. Here, Aon analyses the different options available and why trustees and companies are making them available to pension scheme members.

Builders merchant JT Dove has slashed its forecasted defined benefit (DB) deficit by 11% after completing a medical underwriting study.

Prudential Insurance Company of America has agreed to reinsure around $1.2bn (£920m) of Pension Insurance Corporation's (PIC) longevity risk.

The school of thought that says there is no sustainability problem with defined benefit (DB) schemes is based on assumptions very far off from what actually happened over the past three decades, according to Cardano's chief executive officer.

The Smiths Industries Pension Scheme has completed a £207m buy-in with Canada Life to insure pensioner benefits.

Hilary Salt says rather than designing new DB superfunds, wouldn't it be better to grow to appreciate and improve our existing superfund?

The Pearson Pension Plan has agreed two buy-ins worth £1.2bn and has laid the groundwork for more bulk annuity contracts in the future.