Defined benefit
In-depth reporting on defined benefit (DB) pensions for our pension fund and asset management readers from IPE’s award-winning journalists
-
AnalysisIPE Netherlands Briefing: Dutch resistance to benchmarking
Plus: Sustainability: funds push ahead despite backlash; Pension risk transfer and the insurance market
-
NewsUK lifeboat fund confirms zero levy for second year
The Pension Protection Fund, however, confirmed it will maintain a ‘proportionate’ alternative covenant pension fund levy next year
-
NewsUK populist party plan to end defined benefit fund for staff sparks industry alarm
Reform UK party wants to create a £500bn British sovereign wealth fund that would boost economic growth, and close LGPS funds to new members
-
NewsUK publisher completes £270m buy-in with M&G for Trinity pension fund
The second, and final, buy-in secures the benefits of 3,200 members of the Trinity Retirement Benefit Scheme
-
NewsDelta Lloyd pension fund agrees buyout with Zwitserleven
The closed €3bn pension scheme has secured 100% annual pension indexation for all its members
-
NewsASR reinsures €1.3bn pension buyout with Pacific Life Re
The Dutch insurer said last summer it was looking to reinsure pension buyouts to free up capital
-
NewsIBM IT Solutions pension fund completes £700m buy-in with Standard Life
The transaction covers more than 3,600 members of the plan
-
NewsSopra Steria retirement fund signs £113m buy-in with PIC
The buy-in deal secures benefits of all 355 members of the Steria Management Plan section of the Sopra Retirement Benefits Scheme
-
NewsPension fund for UK manufacturing company strikes £180m buy-in with M&G
Bulk purchase annuity secures pension benefits for over 3,000 members of FTSE 250 company
-
AnalysisDutch pension funds defy hedge crunch fears in first DC transition wave
Interest rate hedge unwind passes smoothly as first wave of DC conversions avoids market disruption
-
NewsAvon Cosmetics Pension Plan completes £235m transaction with M&G
The transaction secures pension benefits of over 3,000 members of the pension fund
-
NewsKLM and Vistry pension funds secure member benefits with buy-in deals
KLM and Vistry have secured their member benefits with Rothesay and PIC, respectively
-
NewsDeloitte UK pension fund completes £700m transaction with Standard Life
The transaction will be followed by an accelerated move to full buyout by April 2026
-
NewsHolcim Group picks Van Lanschot Kempen for £2.5bn fiduciary mandate
Trustees of Lafarge UK Pension Plan and Aggregate Industries Pension Plan pick Van Lanschot Kempen as new fiduciary manager
-
NewsOxford pension fund completes £213m bulk annuity transaction
The transaction, which was conducted by Roayl London and finalised in December, covers more than 1,600 members
-
NewsUK Pension Schemes Bill surplus rules favour employers over members, peers warn
During proceedings, peers questioned both language and content of Clause 9, arguing the Bill fails to define what constitutes a surplus
-
NewsSiemens Healthineers UK pension fund secures £213m buy-in with PIC
The transaction secures the benefits of 967 deferred members and dependants.
-
NewsDutch frontrunner pension funds award increases below inflation
The five Dutch pension funds that converted DB accruals to DC in the first half of 2025 will increase pensions between 0.6% and 2.7% this year
-
NewsUK engineering pension fund in £155m buy-in deal with PIC
The transaction covers the benefits of 1,581 scheme members
-
NewsVisma Idella quits Dutch pension admin
Arno IJmker of consultancy firm Eraneos says Visma Idella’s timing for decision to wind down its pension administration business is a ‘strange move’
