Defined benefit (DB) scheme liabilities are likely to rise after 10-year gilt yields fell below 1% today for the first time ever following last week's Brexit vote.
Coupled with expected lower asset returns amid the market volatility resulting from the historic decision, schemes and sponsors are being warned to expect higher funding deficits. The 10-year benchmark...
The Pensions Regulator (TPR) has appointed Charles Counsell as its new chief executive, who will take over from Lesley Titcomb next year.
The Reuters Pension Fund has completed a £625m full pensioner buy-in with Canada Life in the insurer's largest ever deal.
Anthony Arter will continue as head of The Pensions Ombudsman (TPO) until 31 July 2021, the Department for Work and Pensions (DWP) has announced.
The Nottinghamshire County Council Pension Fund has hired Kames Capital to run a £22m property mandate.