The British Steel Pension Scheme (BSPS) could have a £2bn surplus when using best estimate investment return assumptions, analysis by First Actuarial has suggested.
The firm, which produces a monthly index on defined benefit (DB) funding positions, said using a 4% weighted discount rate and a ‘breakeven' investment return rate of 2.9% results in the significant surplus....
Growing market volatility could adversely affect defined benefit (DB) schemes nearing buyout over the next five years, Barnett Waddingham says.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the August 2019 estimates on the various measures…
Almost all UK defined benefit (DB) schemes (92%) have set clear long-term funding targets, with most focused on buyout or self-sufficiency, according to Aon.
Melrose Industries has separated one of GKN's two defined benefit (DB) schemes into four sections allocated to the aerospace and automotive segments of the business, according to its half year results.
Just Group is exploring a defined benefit (DB) de-risking partnering approach as part of the development of a capital light fee business, according to its half-year results.