Risk Reduction

Engineering firm Costain has seen the benefits of its incentive exercises wiped out as its deficit remained relatively unchanged, its final results show.

There are just a few days left to register to attend this year's PP Risk Reduction Forum, which will be held in London on 14 March.

The Rail, Maritime and Transport union has launched a campaign against construction firm Balfour Beatty after it proposed to close its defined benefit scheme to future accrual.

Engineering giant GKN has split its UK defined benefit scheme into two in its latest annual move to curtail scheme deficits and reduce risk, its 2012 final results reveal.

High street retailer Next has supported its pension scheme through a number of buy-ins but does not want to throw cash into a liability-matching "black hole", trustee chairman Ian Richards says.

Towers Watson is developing its risk management modelling software in order to make it compatible with Microsoft Windows Azure, the computing firm's cloud platform.

Professional Pensions is set to hold an online risk reduction debate and publish a guide to Risk Reduction in July.

The combined liabilities of the largest UK charities' defined benefit schemes has reached almost £5bn, accountancy firm BDO says.

Institutional investor concern over hedge fund transparency is driving up risk management standards, leading the industry to become more "institutionalised", an SEI report finds.

Pension schemes are considering whether to exchange gilt holdings for buy-in insurance policies as yields fall to record lows, Hymans Robertson says.