GKN Group is considering issuing corporate bonds to plug the gap in its defined benefit (DB) schemes, according to reports.
The Sunday Times said this was in response to the engineering firm seeing a 30% surge in the deficit of its DB schemes globally over 2016. The paper said the company is hoping the bonds will raise £250m,...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…