The UK's 5,588 defined benefit (DB) schemes had a combined surplus of £382bn at the end of June, according to First Actuarial's best estimate index (FABI).
Calculated using best estimate returns on their assets, the surplus had increased 0.8% from the end of May, while the funding ratio stayed the same at 131%. According to the First Actuarial, liabilities...
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).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2020 estimates on the various measures…
Philip Dickinson looks at the impact of Covid-19 on the transfer market and how schemes and advisers can support members.
The Pension Protection Fund (PPF) has an 83% probability of success for its target of being self-sufficient by 2030 as of March this year, a six percentage point drop from 2019.