News

Schemes could face an unexpected funding hit when the transitional Inland Revenue earnings cap installed on A-Day expires next year, a lawyer warns.

The longevity risk transfer market continues to grow exponentially with UK longevity and risk deals set to exceed £10bn by the end of the year, Hewitt Associates says.

The Pensions Regulator is facing a backlog of post-credit crunch funding disputes as trustees and companies attempt to plug scheme deficits.

The future of EMI is in "significant doubt" after the employer and scheme trustees failed to reach agreement over funding arrangements for its pension deficit.

The London Pensions Fund Authority is considering teaming up with other schemes to help improve its shareholder engagement in emerging markets.

Manufacturing firm Molins has awarded Aegon Asset Management a £300m mandate to overhaul its scheme investments.

The average funding level of university pension schemes has dropped from 81% to 73% in the past five years, analysis reveals.

Trustees should consider investment opportunities in the shipping industry brought on by the slow down in global trade following the credit crisis, Mercer says.

Offering financial advice to members about scheme changes will drag out consultation periods even longer than current regulations stipulate, a lawyer says.

Employers are looking to strengthen and improve their defined contribution schemes as the demise of defined benefit accelerates, providers say.