Costain has begun an enhanced transfer value exercise as part of a raft of measures designed to cut its pension scheme liabilities by £50m.
The engineering firm is also offering pension increase exchanges and has contributed its holdings in two private finance initiative investments worth more than £20m to the scheme as contingent assets....
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).
With pressures on health unlikely to abate in the near future, Aon's Guide to Risk Settlement analyses the cost of longevity reinsurance.