The Pension Protection Fund has updated its valuation assumption guidance for s179 and s143 valuations to better reflect pricing in the bulk annuity market.
By law the lifeboat fund has to set its valuations in line with the buyout market. It said the new assumptions - which took effect from 1 April - were set following talks with insurers earlier in the...
The PPF's latest Purple Book reveals the significant underfunding challenges in the DB universe, and these will stay with us for the long-term, says Jonathan Stapleton.
Grant Thornton has launched an integrated risk management (IRM) software tool to support clients in better understanding defined benefit (DB) scheme funding options and their associated risks.
British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.
Cashflow driven investment strategies can provide a greater certainty of outcome, while also enhancing a scheme's risk management framework, says Schroders' head of fiduciary management Hannah Simons
The average annual pension withdrawal rate jumped more than one percentage point between 2016/17 and 2017/18, according to the latest data from the Financial Conduct Authority (FCA).