LCP research finds employers are looking for different ways to plug deficits
A shift towards collective defined contribution (CDC) schemes is "unlikely" as the trend towards defined contribution (DC) plans continues, LCP says.
An increasing number of FTSE100 firms are seeking alternatives to straight cash funding, with 38 FTSE100 companies disclosing some form of security arrangements in their 2013 accounts, LCP research finds.
If all the FTSE100 companies still using the RPI inflation measure in their pension schemes were to move to using RPIJ, the combined pension deficit could fall by up to £20bn, LCP says.
Aon Hewitt and Eversheds have launched a fixed-fee service to make completing a buy-in or buyout cheaper and quicker.
The Philips Pension Fund has insured a further £300m of pensioner liabilities following on from a £484m buy-in it completed last year.
The cut in pensions tax relief has reduced the proportion of FTSE250 executives who rely on defined contribution (DC) provision only, according to LCP.
Is it the right time for schemes to look at liability-driven investment?
The pharmaceuticals giant took a personal approach after listening to members
The Total UK Pension Plan has insured £1.6bn of pensioner liabilities with Pension Insurance Corporation (PIC) in the second largest UK bulk annuity transaction to date.