Broadcaster STV has shaved £5m from its projected scheme liabilities with an innovative mortality research exercise that reduced life expectancy assumptions by 1.2 years.
The reasons cited by members for accepting an enhanced transfer value offer should be a cause of alarm, an expert says.
Huge variations in the design and take-up of enhanced transfer value offers have been revealed by KPMG research.
UK - The £240bn ($390bn) liability-driven investment market is developing into an "oligopoly" with just three providers managing more than 80% of assets, research finds.
The £240bn liability-driven investment market is developing into an "oligopoly" with just three providers managing more than 80% of assets, research finds.
The £650m Lloyd's Register Superannuation Fund Association is to undertake a wholesale review of its investment strategy and mandates.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
UK - Scheme buy-ins reached a record £3bn ($5bn) during the past year but the current low cost "window of opportunity" to transact may be lost when Solvency II kicks in, KPMG said.
Scheme buy-ins reached a record £3bn during the past year but the current low cost "window of opportunity" to transact may be lost when Solvency II kicks in, KPMG says.