The Pension Protection Fund is £3.6bn in surplus so is there potential for the lifeboat fund to begin insuring its liabilities? Natasha Browne investigates
In some cases compromising benefits is the least bad option
Newham Council has proposed creating an asset-backed special purpose vehicle (SPV) to reduce cash contributions to finance its defined benefit (DB) pension scheme.
4imprint is working to cut the liabilities in its defined benefit scheme by turning a £25m pensioner buy-in into a partial buyout and launching a liability transfer exercise for deferred members.
MIRA Retirement Benefits Scheme (MIRARBS) has secured a £70m buyout after agreeing to compromise its sponsor's statutory debt as part of a corporate restructuring.
LDI has been a helpful tool for schemes looking to de-risk. But does the emerging use of illiquid assets mean LDI could become a hindrance to achieving buyout? Stephanie Baxter investigates.
The Civil Aviation Authority (CAA) Pension Scheme has completed a £1.6bn buy-in with Rothesay Life to insure the benefits of approximately two thirds of its members.
The Pension Protection Fund (PPF) reached a surplus of £3.6bn at the end of March, according to its 2014/15 annual report and accounts.
The planned sale of Aga has been dubbed a win for the trustees of its deficit-ridden DB scheme but Stephanie Baxter finds this is just the start of the journey.
The planned £129m sale of Aga announced today will put the firm's defined benefit pension scheme on firmer financial footing, according to the trustees' adviser.