Defined benefit (DB) transfer values continued to increase to yet another record high during July but the number of people opting to exit final salary schemes remains steady, according to XPS Transfer Watch.
The majority (85%) of asset managers believe economic recovery is at least two years away, according to a poll conducted by XPS Pensions.
XPS Pensions has launched a service for trustees of defined benefit schemes allowing them to retain full control of investment decision making while delegating implementation.
Defined benefit (DB) scheme liabilities could reduce by as much as 5% as a result of Covid-19, XPS Pensions forecasting reveals.
Professional Pensions spoke to XPS Pensions Group co-chief executive Paul Cuff as part of an exclusive series of interviews with the leaders of some of the UK’s leading pension consulting firms. This is what he had to say…
Outcomes have improved for scheme members choosing to transfer, according to research by XPS Pensions.
XPS Pensions has revealed that the gap between pension obligations reported in companies’ accounts and the long-term funding strategies that drive cash demands is continuing to grow.
The revenue of the three biggest pension consultancy firms in the UK fell slightly in 2019, dropping from £1.16bn in 2018 to £1.14bn in 2019.
The first virtual event of PP’s DeskFlix series took place on 23 June
The fiduciary managers that made the strongest gains through high equity allocations in 2019 also sustained the biggest losses during the first quarter of 2020, research by XPS Pensions reveals.