Although the focus of CDI is often on meeting assumed liability outflows, in reality it is all about securing the asset inflows.
Irrespective of size, funding level or maturity, defined benefit (DB) pension plans have one common goal: to pay members' pensions in full and on time.
Integrated Risk Management (IRM) brings together covenant, funding and investment risks, and assesses how these components interact with each other.
One of the key benefits of fiduciary management is that it gives trustees the time and resources to focus on high-level issues, which should mean they can make more informed decisions about strategy.
One of the key benefits of fiduciary management is that it gives trustees the time and resources to focus on high-level issues, which should mean they can make more informed decisions about strategy.
Driven by an increase in corporate bond yields and the continuing payment of deficit contributions, 2018 was a positive year for the disclosed financial position of the FTSE 350's defined benefit (DB) schemes, with the aggregate deficit decreasing from...
Joo Hee Lee of Newton Investment Management discusses how schemes need to design investment options to match modern income requirements