Total deficits of UK defined benefit (DB) schemes have reached an all-time high for the sixth month in a row, according to JLT Employee Benefits.
Its latest monthly statistics for all private sector schemes under the IAS19 standard accounting measure showed deficits soared to £390bn by the end of July, rising £49bn from the end of June. On 31...
The Unomedical Pension Plan has agreed to a £10m buyout of its 65 members’ liabilities with Aviva.
Chris DeMarco explains why the Covid-19 has increased opportunities for schemes to de-risk via bulk annuities.
Keen insurer pricing and streamlined services will lead to a surge in demand from smaller schemes to undertake bulk annuity transactions, Lane Clark & Peacock (LCP) predicts.
With bulk annuity markets becoming increasingly busy before Covid-19, James Geer looks at what steps trustees can take to improve their chances of transacting.
Senior clinicians within the NHS Pension Scheme will receive extra assistance to adjust their pension accrual to fit within tax allowances.