KPMG has introduced a longevity projection model used by insurers to help improve its understanding of the future risks of defined benefit (DB) pension schemes.
While LDI has been a helpful risk management tool it must adapt to a world where yields have yet again fallen to record lows and prospects for growth assets have deteriorated. Stephanie Baxter reports
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.
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.
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.
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model.
The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.
Parts of the bulk annuity market are showing less appetite for buyouts of smaller schemes despite improvement in pricing for full scheme buyouts.