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.
The amount of hedged defined benefit (DB) liabilities grew to £741bn by the end of 2015 according to KPMG.
While moving to CPI indexation can significantly reduce scheme liabilities, it can make buy-ins and buyouts more expensive. Kristian Brunt-Seymour finds pricing has slightly improved but still has a long way to go
Leeds University Business School (LUBS) has partnered with Aon Hewitt to investigate how behavioural economics affect the decisions of defined benefit (DB) scheme trustees.
More than two thirds of pension professionals have said the Pension Protection Fund (PPF) and the Pensions Regulator (TPR) should be combined, according to a survey.
CH2M has warned criticism from the Halcrow Pensioners Association (HPA) over its rescue plan for the Halcrow scheme goes against the best interests of members.
The ICI Pension Fund has completed a £630m buy-in covering over 4,000 of its members with Scottish Widows.
Prudential Insurance Company of America (PICA) has completed its third longevity reinsurance deal with the Pension Insurance Corporation (PIC) for the Aon Retirement Plan.