The total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have fallen by 32% after hitting record levels in January.
The lifeboat fund revealed today the aggregate deficit of the 6,057 schemes in the PPF 7800 index dropped to £248.7bn at the end of February from £367.5bn at the end of January. The reduction in the...
The Brandsby Agricultural Trading Association (BATA) has agreed a £13m buyout with Legal & General (L&G), securing benefits for all 120 members of the BATA Superannuation Pension Scheme.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…
The IPC Media Pension Scheme has agreed a £290m buy-in with Rothesay Life, insuring benefits for around 500 pensioner members.
Marian Elliott looks at the three questions trustees should ask to understand the route to endgame.
The Willis Pension Scheme has entered into a longevity swap transaction with Munich Re to manage longevity risk in relation to around £1bn of pensioner liabilities.