The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
As at 31 March, the scheme had £402m of assets and £393m of liabilities, based on a nominal discount rate of 2.2% and an assumption of 3.2% for the Retail Prices Index (RPI). The scheme was introduced...
The Pension Protection Fund (PPF) has announced a 90-day interest-free extension to levy payments for employers struggling due to the Covid-19 economic crisis.
James Riley says sustainability involves balance, and one of the key areas where this needs to be struck is DB funding.
Prudential Retirement reinsured $1.7bn (£1.4bn) of UK pension scheme longevity risk in the first half of the year, it has revealed.
The money used to insure pension liabilities can help met the government’s agenda to ‘build, build, build’, says Johnny Chow
Superfunds could be on course to complete multi-billion-pound transfers of defined benefit (DB) funds by the end of this year, Isio says.