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
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
Average regular pension withdrawal rate jumps from 4.7% to 5.9% - FCA
The average annual pension withdrawal rate jumped more than one percentage point between 2016/17 and 2017/18, according to the latest data from the Financial Conduct Authority (FCA).
Master trusts take too much risk in run-up to retirement, consultancy warns
The risk profiles of many default defined contribution (DC) master trusts need an overhaul as they are mishandling risk, according to Hymans Robertson.
