The Pension Protection Fund (PPF) is proposing changes to its levy rules for the next triennium from 2018/19 to develop a more accurate assessment of insolvency risk.
In a consultation paper published on 23 March, the lifeboat fund outlined two key changes that could result in almost two thirds of schemes getting a levy reduction. The first is to ensure scorecards...
Castings has agreed a £72m buy-in contract for its two defined benefit pension schemes with Aviva.
Multinational communication services giant WPP has completed a £250m buy-in for two of its pension schemes with Pension Insurance Corporation (PIC) as the insurer celebrated a “healthy pipeline” of deals amid the Covid-19 outbreak.
Many key pension scheme risks fall outside the IRM framework and are therefore often left unmitigated. Matthew Giles looks at how to tackle these areas.
The fall in pricing of credit assets due to Covid-19 has made bulk annuities more affordable for schemes with significant gilt holdings, according to XPS Pensions.
While market conditions may have put a dent in your de-risking plans, there is still plenty of preparation you can do and opportunities to take advantage of, says Michael Abramson.