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      You are currently accessing ProfessionalPensions via your Enterprise account.

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  • Events
    • Upcoming events
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      Defined Contribution Conference

      Professional Pensions Defined Contribution virtual event, hopes to take stock of the last year, and ask the important questions; are members saving enough and have we improved the member journey at retirement? This two part digital event will provide you with the latest thinking and innovation in the DC market during our snappy 15 minute presentations, with plenty of time to ask questions during our live speaker Q&A.

      • Date: 27 Apr 2021
      • Digital Conference
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      Webinar: PP Talks - Fiduciary Management

      This PP Talks webinar will ask how fiduciary managers coped with the Covid-19 challenge, how fiduciary management clients generally fared, and the outlook for the year ahead.

      • Date: 05 May 2021
      • Webinar
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      Webinar: The challenges facing open DB schemes

      This webinar will help trustees and pension managers look at the challenges facing open DB schemes, specifically looking at the issues they could face as a result of The Pension Regulator’s new Funding Code of Practice and asking how this could affect the affordability of benefits, future service contributions, investment strategy and benefit design.

      • Date: 06 May 2021
      • Webinar
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      Webinar: Supporting members retirement plans as we emerge from the pandemic

      The pandemic has affected the retirement plans of many. Some have been forced into an early retirement because of redundancy, whilst others have delayed retirement due to their pension losing value. Those who have struggled with a reduced household income, have even been dipping into their pensions whilst still working to make up for the shortfall.This webinar will uncover the steps that can be taken to support pension scheme members in the lead up to and at retirement.

      • Date: 11 May 2021
      • Webinar
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  • Whitepapers
    • How DC schemes can gain exposure to different asset classes in a low-return environment

      So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).

      Download
      Pension freedoms three years on

      In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.

      Download
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    You are currently accessing ProfessionalPensions via your Enterprise account.

    If you already have an account please use the link below to sign in.

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Unilever

Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals
Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals

With one of Europe’s most well-known companies planning its most significant pension scheme overhaul to date, unions have stepped in to ensure workers are not short-changed. Hope William-Smith reports.

  • Defined Benefit
  • 18 December 2019
Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals
Unilever sets out plans to overhaul DB offering; Unions join forces to quash proposals

Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.

  • Defined Benefit
  • 03 December 2019
Phoenix Group appoints ex-Unilever pension CIO
Phoenix Group appoints ex-Unilever pension CIO

Wendy Mayall who is the former chief investment officer (CIO) of Unilever's pension fund has been made a non-executive director at Phoenix Group.

  • Appointments
  • 25 August 2016
Unilever's Mark Walker joins 300 Club
Unilever's Mark Walker joins 300 Club

The 300 Club has welcomed Unilever's pension global chief investment officer (CIO) Mark Walker to its team of investment professionals.

  • Appointments
  • 15 June 2016
Longevity increase could increase deficits 50%

Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.

  • Defined Benefit
  • 28 August 2015
National Grid scheme appoints chairman

Nigel Stapleton has been appointed as chairman of the National Grid's UK pension scheme with effect from 1 November 2014.

  • Appointments
  • 27 November 2014
Unilever scheme agrees £129m buy-in

The Uniac Pension Fund, which provides benefits for Unilever workers seconded overseas, has agreed a £129m buy-in with Legal & General (L&G) to cover its pensioner members.

  • Risk Reduction
  • 21 October 2014
Leading schemes invest £460m in long-term sustainable strategy

Unilever UK Pension Fund, The Pensions Trust and the Environment Agency Pension Fund are among the latest schemes to sign up to responsible investment.

  • Investment
  • 15 September 2014
Unilever scheme deficit falls to £1.65bn

The Unilever defined benefit (DB) scheme deficit has fallen from £2.72bn to £1.65bn over 2013.

  • Defined Benefit
  • 21 January 2014
Final year results re-ignite smoothing debate

The latest set of financial results from FTSE companies has re-ignited the debate over smoothing discount rates as strong asset returns were wiped out due to falls in discount rates.

  • Defined Benefit
  • 28 February 2013
Unilever blames discount rates for deficit rise

Unilever's scheme deficit rose by €500m in 2012 due to falling discount rates and a 33% fall in the value of its assets.

  • Defined Benefit
  • 23 January 2013
TPR announces non-executive director hires

The Pensions Regulator has announced three non-executive directors will join the organisation from next month.

  • Appointments
  • 16 January 2013
Unilever strikes end after CARE scheme agreement

Strike action at Unilever over pension changes will end after trade unions admitted defeat in trying to block the scheme's move to career average.

  • Industry
  • 05 April 2012
Unilever trustees agree to scheme changes

The trustee board of the Unilever UK Pension Fund has agreed not to block changes to the scheme proposed by Unilever, its sponsoring employer, despite a wave of national strikes over the firm's move to cease final salary accrual.

  • Defined Benefit
  • 20 January 2012
Unilever workers set to strike over move to career average

Unilever workers will stage ten days of strike action this month after the firm pushed ahead with plans close its final salary pensions and replace it with career average.

  • Industry
  • 09 January 2012
Christmas is cancelled: Unilever withdraw Sainsbury's food vouchers for striking workers

Food giant Unilever has been labelled a "modern day Scrooge" after it withdrew the offer of a £15 Sainsbury's Christmas voucher for workers protesting changes to their pensions.

  • Industry
  • 12 December 2011
Unilever workers to strike tomorrow

Unilever employees will go on strike for the first time in the company's history tomorrow in protest against changes to their defined benefit pension scheme.

  • Industry
  • 08 December 2011
Unions walk away from Unilever raising strike threat

Unions have walked away from a consultation by Unilever on plans to move all final salary members into career average, making strike action at the firm "very likely", an official says.

  • Industry
  • 06 September 2011
Round up - 6 September

Unilever warned against pension closure; Gay couple win equality over pension benefits;

  • Press
  • 06 September 2011
LCP Accounting Survey - FTSE100 deficits slashed by £32bn

The aggregate pension deficit for the UK's biggest companies dropped by 63% in the last year thanks to shifting indexation measures and continuing high levels of employer contributions.

  • Defined Benefit
  • 02 August 2011
Mayall re-enters consulting industry with Stamford Associates

Wendy Mayall has joined Stamford Associates as a managing director and head of strategy after leaving the Unilever pension scheme.

  • Appointments
  • 01 August 2011
Unilever scheme investment head Wendy Mayall to leave

Wendy Mayall, chief investment officer for Unilever's UK and Ireland pension scheme, is leaving her position after 16 years to rejoin the consulting industry.

  • Industry
  • 07 July 2011
Unilever faces protests over scheme changes

Unilever pension scheme members will descend on the Royal Albert Hall tonight to protest against the company's plan to move final salary members into career average arrangements.

  • Industry
  • 05 July 2011
Unilever workers take scheme closure protest to Warrington

Unilever employees are staging a demonstration in Warrington tomorrow over the firm's plans to close its £5.5bn final salary scheme.

  • Industry
  • 06 June 2011
12

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