Defined benefit (DB) funding levels improved by just 40 basis points during January, according to JLT Employee Benefits.
It said that, on an accounting basis, the combined deficit of all UK private sector DB schemes fell by £5bn to £102bn over the month. While assets grew by £33bn to £1,560bn, liabilities climbed by a...
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
As over 1,000 DB schemes seek to agree a valuation amid the crisis, Hope William-Smith looks at the considerations.
Trustees should have the ability to pause suspected scam transfers, respondents agreed in a Professional Pensions poll.
Defined benefit (DB) scheme members with weaker employers face a 50% chance of a cut in benefits due to sponsor insolvency, according to Hymans Robertson.
Mercer has launched a defined benefit (DB) master trust in a bid to offer a “best-in-class solution” that recognises the shrinking universe.