News

Schemes undergoing triennial valuations in 2013 will see the projected time to fully repay deficits increase to 11 years, research from PwC shows.

RPMI chief executive Chris Hitchen has said implementing the recommendations from the Kay review will take another 30 years amid calls for greater scrutiny of asset managers.

Recent developments at Lloyds Banking Group (LBG) demonstrate the "two futures" of DB provision that could be solved with defined ambition (DA) proposals, pensions minister Steve Webb says.

Greencore has set up an asset-backed contribution structure (ABC) to fund a £40m deficit in one of its defined benefit (DB) schemes.

Kcom has spent £895,000 putting in place an asset-backed contribution structure (ABC) that will deliver £1.1m a year to its defined benefit scheme for the next 15 years.

Consultants fail to meet schemes' growing demand for investment stewardship advice, the National Association of Pension Funds (NAPF) says.

Pension Insurance Corporation (PIC) has reinsured the longevity risk relating to £1.4bn of the liabilities in its bulk annuity portfolio with a range of reinsurance houses.

Asset-backed contribution structures (ABCs) are increasingly being used to fund smaller deficits, according to research from Deloitte.

Mercer has launched an app that gives clients access to daily information about the funding status of their schemes.

Tough action on Local Government Pension Scheme (LGPS) costs could save taxpayers £1bn and avoid a "death spiral" for the scheme, the Centre for Policy Studies (CPS) says.