Broadstone says redress values have continued to ‘tick down’ in 2024
Funding ratio increases to 148.4%, with total assets at £1,458.8bn
WTW serving as scheme actuary, Redington as investment strategy adviser and BW as OCIO selection and oversight provider
The report forms part of the pair’s Lifetime Savings Initiative and makes series of recommendations
Conjecture driving savers to withdraw ‘excessive funds’
Royal Mail CDC scheme hailed as ‘important milestone’ for UK pensions landscape
New joiners take number of commercial operators in coalition to 15
Model aims to deliver value, simplicity and ability to invest at scale in private markets
Scheme will provide over 100,000 employees with an income for life and a cash lump sum in retirement
An ‘accurate all the time’ data set will benefit the scheme’s progression towards endgame