Defined benefit (DB) consolidator Clara will get up to £500m of capital backing from global credit investment firm TPG Sixth Street Partners (TSSP), paving the way for its first deals.
An initial £225m has been pledged to the consolidator, although money will be transferred to Clara as and when deals are struck, while ensuring there is an adequate capital buffer. The finance comes...
The majority of defined benefit (DB) schemes have taken no material action to change their investment strategy or journey plan during the coronavirus pandemic, say Lane Clark & Peacock (LCP).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the July 2020 estimates on the various measures…
As TPR’s consultation on the principles underlying the revised code of practice for DB funding enters the final straight, David Fairs set outs why you should give the watchdog your views.
NHS Pension Scheme members in England and Wales have been given a further six months to take advantage of the voluntary scheme pays process for the 2018/19 deadline.
The industry does not expect future mortality improvements to change despite the 60,000 excess deaths from the Covid-19 pandemic, a Society of Pension Professionals (SPP) poll finds.