As research reveals that private sector DB schemes have more than £1trn of unhedged interest rate exposure, Kristian Brunt-Seymour asks if it is a big problem and how it can be addressed.
At a glance: DB schemes still have huge exposure to interest rate risk despite LDI growth Trustees should focus on ultimate long-term objectives and how they can be achieved. Should look...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.