The combined funding level of the UK's 5,450 defined benefit (DB) schemes increased by 60 basis points (bps) over January, latest Pension Protection Fund (PPF) data reveals.
The lifeboat's monthly update for last month revealed the aggregate deficit had fallen from £31.9bn to £23.1bn on a section 179 basis used to calculate PPF benefits over the month. Assets increased...
BAE Systems will make a one-off payment of £1bn into its pension scheme “in the coming months” to plug a £1.9bn hole.
PASA’s DB transfers code of good practice is asking the industry to commit to delivering faster, safer transfers. Holly Roach reports
As the number of Coronavirus cases continues to grow, Calum Cooper looks at the potential impact on DB scheme liabilities and sponsor covenants.
PPF head of investment strategy Ian Scott tells James Phillips about the fund’s in-sourcing programme, recruitment, and investment risk management.