The £2.7bn Merchant Navy Officers Pension Fund (MNOPF) has improved its funding level to 79% after increasing its liability hedging ratio to 95% of assets.
Since its last triennial valuation in March 2012, its gilts-based funding has risen from 69% to 79% as of March 2015. By reducing the deficit it has potentially saved the shipping industry over £300m in...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.