Solving the DB funding challenge
The PPF's latest Purple Book reveals the significant underfunding challenges in the DB universe, and these will stay with us for the long-term, says Jonathan Stapleton.
On the face of it, the latest edition of the Pensions Universe Risk Profile - the publication more colloquially known as The Purple Book - shows an increasingly positive outlook for defined benefit schemes....
More on Defined Benefit
Trustees urged to prepare for Covid-19 'material consequences' to DB schemes
Trustees “must be confident” they can continue to take care of members despite the ongoing financial fallouts caused by the spread of coronavirus, says Dalriada Trustees.
DB funding - February 2020: PPF 7800 deficit climbs 67% as coronavirus hits markets
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2020 estimates on the various measures…
Grant Thornton launches DB risk management tool
Grant Thornton has launched an integrated risk management (IRM) software tool to support clients in better understanding defined benefit (DB) scheme funding options and their associated risks.
New Airways Pension Scheme to reach full funding four years early
British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.
Credit where credit is due
Cashflow driven investment strategies can provide a greater certainty of outcome, while also enhancing a scheme's risk management framework, says Schroders' head of fiduciary management Hannah Simons
