Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Based on updated assumptions following last year's landmark High Court ruling, the bank said the project would have a marginal impact on its pension scheme liabilities. The figure relates solely to...
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
Dry powder can be useful for pension scheme portfolios, but to make it attractive schemes need to make sure the assets are both available and not so low return they dilute wider return characteristics. Jonathan Hobbs, Kevin Kneafsey, Matthias Scheiber,...
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
As over 1,000 DB schemes seek to agree a valuation amid the crisis, Hope William-Smith looks at the considerations.
Trustees should have the ability to pause suspected scam transfers, respondents agreed in a Professional Pensions poll.