The Interserve Pension Scheme has recognised a £70.6m reduction in liabilities after swapping the index used to uprate benefits.
Moving from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI) helped to boost the scheme's overall funding position into surplus, alongside a further £54m actuarial gain arising partly from...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
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…