It has been eighteen months since it was announced the £16bn Greater Manchester Pension Fund would take responsibility for providing benefits to all existing and former public sector probation staff and Community Rehabilitation Companies (CRC) from 1 June 2014. Helen Morrissey looks at how the process has gone.
It has been 18 months since it was announced that the £16bn Greater Manchester Pension Fund (GMPF) would become the One Fund. This involves taking responsibility for providing benefits to all existing...
Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.