A majority of chief financial officers (CFOs) believe they need to spend more time working on their defined benefit (DB) schemes, latest research by Hymans Robertson reveals.
In a survey of 51 CFOs, conducted by YouGov, 59% said they need to have a greater involvement in the running of their DB schemes. 67% believe trustees are currently doing a good job at running the scheme....
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
The outlook for future longevity in the UK has not necessarily worsened as a result of the coronavirus pandemic, Aon says.
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.