Consolidation

Nine in 10 FTSE 350 defined benefit (DB) pension schemes could pay off their IAS19 deficit with less than six months of earnings, according to Hymans Robertson.

Significantly improved funding levels and bulk annuity options have brought forward the need for defined benefit (DB) trustees to renew their focus on endgame planning.

John McAleer sets out four areas where a change in approach to managing mature pension funds could lead to better outcomes for members, trustees and sponsors.

Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.

The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.

There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.

Lawrence Churchill has been appointed as the first chairman of defined benefit (DB) consolidator Clara's corporate board.

Coats Group has recorded a narrow defined benefit (DB) surplus of $1m (£0.8m) across its three UK schemes.

Respondents were almost evenly split in this week's Pensions Buzz on whether the Competition and Markets Authority's (CMA) remedies for the investment consultant and fiduciary management markets go far enough.

Unprecedented levels of provider consolidation means trustees must regularly monitor and assess security of members' assets, the Security of DC Assets Working Party has warned.