Transferring defined contribution benefits into a buyout policy can potentially reduce the value of scheme assets by millions of pounds, Xafinity warns.
Trustees responsible for defined benefit schemes entering the Pension Protection Fund assessment period must not neglect their defined contribution duties, Xafinity says.
Growing pension liabilities reported in UK plc's company accounts at year end could shock shareholders as the impact of falling bond yields is felt, PricewaterhouseCoopers warns.
UK - Pension scheme liabilities could hit £1.2trn (US$1.7bn) by the end of December as a result of a sharp decrease in AA corporate bond yields, Xafinity Consulting warned.
Pension scheme liabilities could hit £1.2trn by the end of December as a result of a sharp decrease in AA corporate bond yields, Xafinity Consulting warns.
Xafinity Consulting has launched a multi-employer master trust which it claims combines the governance of a trust-based scheme with the low-costs associated with contract-based arrangements.