Aon urges continued caution on longevity price dislocation
Aon Hewitt is reiterating its call for pension schemes to review the emerging lower rates of UK mortality improvement to ensure fair pricing of longevity insurance transactions.
The consultant had previously said schemes should consider delaying longevity swap transactions as lower rates of mortality improvement had led to a dislocation in pricing. Aon Hewitt's head of risk...
More on Defined Benefit
Exclusive: Trustees push schemes for tech support ahead of new online era
Defined benefit (DB) scheme trustees are looking to their schemes to provide them with better technological support, with eight in ten agreeing ad-hoc and online meetings will permanently replace the pre-Covid quarterly meeting cycle.
Single-day pension transfers rise but average completion time dips
Average transfer takes 11.9 days
Boohoo acquisition of Debenhams leaves schemes with PPF
The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.
Con Keating: Buzz views show true depth of DB funding code disquiet
Con Keating says last week’s Pensions Buzz survey indicates the true feeling of directly affected schemes to The Pensions Regulator’s DB funding code proposals.
USS: Cost of scheme is 'growing challenge' as future returns 'likely to be lower'
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
