A research paper proposes an alternative to the traditional valuation to solve the cashflow problem as DB schemes mature. Michael Klimes investigates.
At a glance Paul Sweeting says mature DB schemes should target cash to pay members' benefits Proposes an alternative to traditional funding valuations But others argue his research ignores several...
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
Professional Pensions rounds up some of the latest tender awards from across the industry.