Almost two-thirds of FTSE 100 defined benefit (DB) pension schemes invest more than 50% of their assets in bonds, according to a report by JLT Employee Benefits.
In its latest quarterly report, published on 30 July, JLT found that overall the average pension scheme asset allocation to bonds is now 64%, which has increased from 62% a year before, and compares to...
Phoenix Group completed £2.5bn of buy-ins and buyouts over the course of 2020, including a bulk annuity deal with one of its own schemes.
The Continuous Mortality Investigation (CMI) has found a lower cohort life expectancy for both men and women in its 2020 table, even after zero-weighting data related to Covid.
Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…
Rothesay has concluded a £120m buy-in with the West Ferry Printers Pension Scheme, covering all remaining pensioner and deferred liabilities.