More members transferred out of defined benefit (DB) pension schemes in October after September's record lows while values were surprisingly stable, according to XPS Pensions Group's Transfer Watch.
Supply will need to be rebuilt following the forced shutdown, potentially pushing up inflation and reasserting the need for adequate hedges, writes James Phillips
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.
This week’s top stories included a warning from Lincoln Pensions on the “triple whammy” faced by sponsor covenants, while MPs called for further input on the Pension Schemes Bill.
Sponsor covenants are facing a “triple whammy” moving into 2021 as the effects of Covid-19, Brexit and macro-economic conditions combine, Lincoln Pensions warns.
Brexit remains a key area of concern for pension schemes as discussions over a potential trade deal with the EU continue to intensify, according to a PP poll.
The Society of Pension Professionals is looking to make dynamic changes in a bid to stand out from the growing number of trade bodies catering for a dwindling audience.
The Society of Pension Professionals (SPP) has named Fred Emden as its first chief executive.
PPF head of investment strategy Ian Scott tells James Phillips about the fund’s in-sourcing programme, recruitment, and investment risk management.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the January 2020 estimates on the various measures…
This week's 104 Pensions Buzz respondents agreed that the regulations surrounding chair's statements are too harsh.
The UK will leave the EU on 31 January, Professional Pensions’ expert advisory panel tells James Phillips what pension schemes should now be thinking about.
As both centre-left and centre-right political think tanks agree on the need for a pensions commission, Gregg McClymont says this could provide a refreshed model for future pensions policy.
The government must take advantage of its majority to push through further reforms to auto-enrolment, says James Phillips.
The Conservative Party’s election success has delivered a rally for UK equity markets and sterling but uncertainty over a future trade deal with the EU remains.
After a tumultuous few weeks of campaigning, the Conservative party won their largest majority since Margaret Thatcher's 1987 victory in last night’s general election, while Labour is facing its worst defeat since 1935.
All of the major political parties have now unveiled their policies on pensions ahead of the general election. Professional Pensions looks at what they have promised.
While the pension schemes bill was said to command cross-party support, Brexit and acrimonious parliamentary debates are leaving its success in doubt, says Malcolm McLean.
With political parties drawing up their manifestos for next month’s general election, Kim Kaveh explores the industry’s ambitions for future pensions policy.
The UK’s consumer prices index (CPI) has fallen to its lowest level since November 2016, according to the Office for National Statistics (ONS).
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the October 2019 estimates on the various measures…
The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.
Increased certainty around Brexit deadlines and eventual terms could remove major overhang for European equity market investments, NN Investment Partners finds.
The pension schemes bill will face yet another delay as the UK seems set to have its third general election in five years on 12 December.