Schemes that failed to diversify assets or implement liability driven investment strategies face making "hefty" increases in company contribution rates, Hymans Robertson warns.
The consultant said market turmoil had had a big impact on the financial health of schemes, noting many faced large deficits and rises in company contributions when the next actuarial valuation is done....
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).