The challenges of a self-sufficiency approach
A self-sufficiency approach is not riskless and trustees must consider covenant strength and longevity exposure. Chris Ramsey looks at the key considerations of running schemes on.
In its latest annual funding statement, The Pensions Regulator noted that it expects trustees to consider their ultimate objective and set a strategy to meet that objective. The choice of objective broadly...
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Ombudsman rejects complaints against British Steel trustees
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
Purple Book reveals DB risk up but PPF 'bigger and stronger than ever'
Plenty of risk remains in the Pension Protection Fund's (PPF) universe but the outlook on funding levels is positive, the lifeboat says as it launches its 2019 Purple Book.
December concludes turbulent year for DB transfer values
Pension transfer values fell in December, while the number of individuals taking a transfer value from schemes rose, according to XPS Pension Group.
The Cheviot Trust appoints First Actuarial as scheme actuary
Defined benefit (DB) and defined contribution (DC) master trust The Cheviot Trust has selected First Actuarial to provide actuarial services for the scheme.
DB funding - December 2019: Deficit halves as equities and gilts rally, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2019 estimates on the various measures…
