Why can't actuaries make their minds up?
John Gray asks why agreement can’t be made on appropriate discount rates for the LGPS
John Gray asks why agreement can't be made on appropriate discount rates for the LGPS.
Currently I sit on three different open defined benefit pension bodies in different employer and employee roles. While I think that all my past and present scheme actuaries are personally wise and wonderful....
More on Defined Benefit
BT records 30% fall in pension deficit over three years
The BT Pension Scheme (BTPS) slashed its deficit by £3.3bn in the three years between its 2017 and 2020 valuations, it announced today, remaining on track to meet a 2030 full funding target.
Pacific Life Re reinsures £190m of bulk annuity risk
Pacific Life Re has reinsured around £190m of pensioner and deferred liabilities held by a UK bulk annuity provider.
DWS launches secured income fund for DB plans
DWS has launched a private and structured credit solution for small- to medium-sized defined benefit (DB) pension schemes.
DB funding - April 2021: More schemes in surplus than in deficit, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. Here are the April 2021 estimates on the various measures…
DB inflexibility stifling retirement saving prosperity
Defined benefit (DB) savers may be accumulating too much in pension savings too soon, taking away from other financial priorities and choices, according to the Institute for Fiscal Studies (IFS).
