Defined benefit (DB) transfer values fell from £236,000 at the end of December, to £231,000 by the end of last month, according to Xafinity Punter Southall.
The consultancy's monthly index tracks the transfer value that would be provided by an example DB scheme to a member aged 64, with a £10,000 annual entitlement from age 65, increasing each year in line...
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2020 estimates on the various measures…
Schemes need to dynamically and closely monitor the position of their employer covenant and its corporate longevity, ensuring the assessment is not conducted in isolation, the Employer Covenant Practitioners Association (ECPA) says.
The Scottish Enterprise Pension & Life Assurance Scheme (SEPLAS) has appointed Hymans Robertson and Isio following a formal tender process.
Marian Elliott looks at the key factors for reaching schemes’ set goals.