Liability-driven investment's (LDI) dominance as a trend in UK defined benefit (DB) pension scheme investment will come to an end by 2021, according to research.
LDI has been used by DB schemes over the past 20 years to reduce the risk that they may be unable to meet future retirement payments, providing protection against unforeseen changes in interest rates,...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter