Pension transfer values fluctuated throughout May, ultimately resulting in a rise by the end of the month, according to the XPS Pensions Group (formally Xafinity) transfer value index (TVI).
The month began with a transfer value of £232,000, and ended at £234,000. The difference between maximum and minimum readings of the TVI during May was £5,700, or about 2.4%. XPS Pensions Group head...
An “early warning” tool has been launched by Hymans Robertson to help defined benefit (DB) schemes understand which potential regulatory approach will be more suitable for their current funding strategy.
HM Treasury has announced it will resume the cost control mechanism for public sector pension schemes, noting the concern that the 18-month suspension has caused.
The economic crisis caused by Covid-19 has reinforced The Pensions Regulator’s (TPR) view that its defined benefit (DB) funding principles are “right”, says David Fairs.
Local Government Pension Scheme (LGPS) funds must carry out assessments urgently to understand the impact of the McCloud judgment, says Aon.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2020 estimates on the various measures…