UK - Defined benefit (DB) schemes will now be able to use bonds to immunise against inflation and market risk, according to PensionsFirst.
Timothy Lyons, partner at PensionsFirst, said: "Trial marketing has shown that our coloured bonds are easily understood and help to set in progress the discussion which enables us to tailor a scheme specific solution."
Lyons noted each of the bonds could also be issued with gearing, dynamic performance and profit participation.
"Many schemes are in a better position today with regards to their scheme deficits than for some years, but with doubts now surrounding the equity markets and the likelihood of falling interest rates, there is a huge incentive for schemes to remove their exposure to deficit volatility," added Lyons.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.