The £337m Next Group Pension Plan moved from a £49.5m deficit to a £55.7m surplus after overhauling membership data and securing a buy-in deal, results show.
The clothing retailer said the £124m buy-in - which took place in August last year - cut its scheme exposure to interest, inflation and longevity risks associated with retired members. The results added...
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).