All deficits articles
-
NewsPPF: Two thirds of DB schemes in deficit following COVID-19 market crash
The UK’s DB lifeboat fund warns of an expected increase in the number of claims over the next year as the pandemic’s effects bite
-
News
UK roundup: Airline trustees assess scheme following Flybe collapse
Plus: Scottish scheme launches ESG ezine for members
-
NewsUK lifeboat fund sees investment risk, underfunding ‘strongly linked’
Significant number of schemes still in deficit
-
News
Swiss corporate pensions slide into red for first time in two years
Coverage ratio down by four percentage points in third quarter, consultancy reports [updated]
-
News
USS ‘pushing regulator to the limit’ on risk, says CEO
£68.5bn scheme’s leaders say they have taken a position of ‘maximum flexibility’ in a bid to resolve a long-running dispute over contributions
-
News
UK DB schemes ‘holding too much’ in growth assets, illiquids
Schemes aiming for buyout in the next five years are de-risking too slowly, according to analysis by Barnett Waddingham
-
News
UK DB scheme deficit hits two-year high amid Brexit uncertainty
The combined DB pension funding shortfall across the UK’s biggest 350 listed companies increased by £16bn during August
-
News
USS deficit hits £6.6bn as chief exec warns on market outlook
Staff and employers have been unable to agree contribution levels – and recent market volatility could require them to pay even more
-
News
One fifth of UK schemes in ‘weak’ position by TPR standards
Hymans Robertson analysis finds just 11% of schemes have a “strong” sponsor covenant, while one in five trustees has or expects to experience regulatory intervention
-
News
Half of FTSE 100 companies could buy out DB funds in 10 years: report
Diverting an additional 6% of profits would let 70% of FTSE 100 schemes buy out within a decade, says Barnett Waddingham
-
News
Politician demands answers over regulator’s oversight of USS
Frank Field writes to the Pensions Regulator as dispute emerges between UK’s largest pension fund and a former trustee over valuation concerns
-
News
UK pensions watchdog to clamp down on ‘excessive’ dividends
Companies must prioritise pension funding when finances come under pressure, TPR says
-
News
AkzoNobel pays off shortfall at UK subsidiary pension funds [updated]
Sponsor pays €639m in final payments to two schemes to bridge funding gaps
-
News
New USS valuation could slash deficit, ‘notably’ lower contributions
Pension scheme seeks employer views on 31 March 2018 valuation, including raising retirement age
-
NewsUK roundup: Volatility wipes out 2018 DB funding gains
Also: Whitbread to pass on £380m sale proceeds to pension fund after sale of coffee chain
-
AnalysisAnalysis: First estimates of UK equality ruling costs emerge
Equalising guaranteed minimum pensions estimated to cost between 0.2% and 1.7% of liabilities, according to early company estimates
-
News
Equity slump increases chances of cuts at Dutch schemes
Funding down by 4 percentage points to 104% on average in December, as UK also experiences declines
-
News
USS: Further delay to funding agreement risks regulatory action
Universities scheme proposes completing 2017 valuation without incorporating joint expert panel’s recommendations
-
News
Challenges remain for PPF despite funding improvements
More than half of UK schemes are underfunded, with an aggregate deficit of £115bn
-
News
Smaller UK schemes struggling to close funding gap: Goldman Sachs
Pension funds smaller than £500m have bigger deficits and suffer more from funding level volatility
