News

The introduction of long-term funding targets for defined benefit (DB) schemes could create an accounting gap of £260bn between the liabilities reported by companies and schemes, XPS Pensions has warned.

The journey to endgame for defined benefit (DB) schemes can be just as important on focusing on long-term funding targets, according to Lane Clark and Peacock (LCP).

Schemes need to get in place a "robust hedging strategy" to mitigate the impact of sudden falls in gilt yields, Buck has said.

NEST Insight has teamed up with Invesco to boost its programme of research, publications and events, in order to help address the challenges facing its eight million members.

The Smiths Industries Pension Scheme has secured a £176m buy-in with Canada Life, its second with the insurer.

Capital Cranfield has appointed former Aon senior partner Kevin Wesbroom as a professional trustee.

Pension fund investors could face further disclosure requirements on ESG matters as an industry working group considers fresh law for trustees for as soon as next year.

The Pensions Regulator (TPR) has launched a consultation on scheme governance and trusteeship, urging "badly-run schemes" to improve or consolidate.

The Pensions and Lifetime Savings Association (PLSA) is inviting applications for its Pension Quality Mark (PQM), after making changes to the minimum requirements.

Four more master trusts have received master trust authorisation from The Pensions Regulator (TPR), taking the total number of authorised schemes to 10.