Rallying growth assets may have enabled defined benefit (DB) schemes to reach fully-funded on a section 179 basis in the first half of May, according to BlackRock.
Thanks to a combination of rising UK gilt yields, positive momentum for developed market equities, strong US data and a weaker sterling, the Pension Protection Fund's (PPF) 7800 Index may have hit 100%...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.