Pooling the Local Government Pension Scheme (LGPS) into six funds is too many to have the scale to tap into a wide range of infrastructure opportunities says BNY Mellon.
In its response to the government consultation which ends on 19 February called LGPS Pooling: The Collective Good? the bank said while it was broadly supportive of the proposals, having six infrastructure...
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.