British Telecom Pension Scheme pensions director Kevin O'Boyle speaks to PP senior correspondent Giovanni Legorano about how an internal review led the fund to shift to a contract based scheme for the defined contribution members.
O'Boyle explained the review also involved the defined benefit scheme, which moved from a final salary to a career average revalued earning basis. In addition, he talked about how the fund improved...
Trustees “must be confident” they can continue to take care of members despite the ongoing financial fallouts caused by the spread of coronavirus, says Dalriada Trustees.
Savers with less than a decade to go until retirement have a reasonable timeframe ahead for their pension to recover from the market instability caused by the Covid-19 coronavirus, according to Unbiased.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2020 estimates on the various measures…
The Institute and Faculty of Actuaries (IFoA) has launched an investigation into the increasing transfer of risks to consumers, with a particular focus on defined contribution (DC) pensions.
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.