Barnett Waddingham

PP brings together all the people moves in the pensions industry over the past week

The funding level of many DB schemes has significantly improved this year

The current higher gilt yields create different challenges for open DB schemes, but also represent an opportunity to focus on the long-term sustainability of the scheme.

Dividends of firms with DB schemes continue to rise as deficits fall

Some employers could leave the LGPS to take advantage of lower cessation debt

PP brings together all the people moves in the pensions industry over the past week

Yields on benchmark UK government bonds have risen more than four-fold during 2022

Overall, today’s statement will lead to an improvement in DB scheme funding

UK’s biggest firms still paying more into DB than DC but trend is likely to reverse

With many open DB schemes finding themselves with a funding surplus, Barnett Waddingham’s Catherine Pleass explores the options available for trustees.