The Schroders Retirement Benefits Scheme (SRBS) is allocating £800m of its defined benefit (DB) assets to its in-house cashflow driven investing (CDI) building blocks.
Schroders' CDI solutions currently invest in a core of liability driven investment (LDI) and global investment grade buy and maintain (B&M) credit portfolios. Both are managed by Schroders' in-house portfolio...
Mitchells & Butlers has deferred £13m of deficit recovery contributions (DRCs) after tier four Covid restrictions wreaked havoc across the hospitality sector.
British Airways (BA) has deferred deficit recovery contributions (DRCs) totalling £450m following an agreement with trustees after a catastrophic year for the airline industry.
Jump from 554 in 2019
The Plumbing and Mechanical Services (UK) Industry Pension Scheme was 99% funded on a low-dependency basis, a valuation conducted amid economic turmoil has confirmed.
Professional Pensions rounds up some of the latest tender awards from across the industry.