Defined benefit (DB) pension schemes are more satisfied with their investment consultants (83%) than defined contribution (DC) plans (79%), according to the National Association of Pension Funds (NAPF).
The survey of 250 pension funds also found the majority of schemes would recommend their consultant to a scheme with similar needs. The research showed the average tenure of a DB consultancy has fallen...
Schemes could be charged a £1.5bn bill to equalise past defined benefit (DB) scheme transfers after last year’s landmark GMP equalisation ruling, says Buck.
The financial impact on defined benefit (DB) schemes from the Covid-19 pandemic is “likely to be marginal”, and only in the event of continued substantial additional deaths for many years would there be a significant reduction in UK DB scheme liabilities,...
The Environment Agency Pension Fund (EAPF) will cut its carbon emissions by 50% from a 2010 baseline level by the end of this decade on its trajectory to net zero.
Luke Hartley looks at recent cases involving House of Fraser, Silentnight and Johnston Press
Nest has announced two infrastructure partnerships which will see the asset class make up 5% of its total portfolio.