Over half of employers believe the need to fund defined benefit (DB) schemes is affecting their ability to improve employee pay, a survey by the Association of Consulting Actuaries (ACA) has found.
This was leading to lower contributions into newer pension schemes, according to 42%. Another eight in 10 said these costs were also impacting intergenerational equity, with a slightly higher number...
UK pension schemes are working hard to counter climate risks across investment portfolios, but the assessment of climate risks to sponsor covenant must be a key focus of schemes’ broader risk assessment, says Michael Bushnell.
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).