News

Rising longevity still poses a risk despite some schemes having their fingers burnt at successive valuations, Club Vita warns.

Lifestyle strategies in the UK defined contribution market are too rigid and their underlying asset allocation and management is not dynamic enough, ATP says.

Schemes need to find an "optimal solution" to hedge longevity risk to keep some risk in their portfolios, delegates heard.

Defined benefit schemes should transfer into the information disclosure regime to make members more aware of their options at retirement, consultants say.

Defined benefit schemes will be given free reign to change their accrual rates to offset the costs of scrapping the contracting-out rebate, PP has learned.

Local government exposure to index-linked bonds dropped last year against a backdrop of increasing allocations to the asset class from corporate defined benefit schemes, figures show.

De-risking solutions for smaller schemes should be targeted at individual members and be proportionate to the size of the scheme to limit sponsor costs, delegates heard.

The impact of tighter carbon emissions rules on corporate profits will catch out schemes whose investment strategy on climate change is to "wait and see", Carbon Footprint Investments warns.

GLOBAL - The future impact of pension costs should be taken into account when evaluating the fiscal health of a country, three IMF officials said in a new report.

EUROPE - Proposed European Union plans to make scheme funding rules uniform across member states could force UK firms to pay off deficits faster, Towers Watson warns.