LCP

There has been a step-change in insurers’ willingness to take on DB illiquid assets

Buy-in which secures benefits of around 1,700 remaining uninsured members

Follows confirmation Kensington and Chelsea RBC will not have to pay pension contributions next year

Second deal with the BAL section of the scheme means all member benefits are now insured

Kim Gubler becomes president and David Fairs is association’s new chair

LCP Pensions Explorer measured £5bn increase in FTSE 100 surplus since last month

DB surplus extraction plans, £25m buy-in, bulk annuity sustainability collaboration launch

Consultancy analysis finds government plans to extract DB surplus could be worth £160bn

Former pensions minister welcomes ‘victory’ ending system which overcharged pensioners by £1.3bn

Is too much derisking a bad thing?