Defined benefit – Page 2
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NewsMorrisons retirement saver plan in £270m buy-in with Aviva
The transaction benefits over 32,000 deferred members of the plan
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NewsUK businesses plan to access DB pension surplus – research
UK government estimates that total surplus within DB pension schemes stands at £160bn
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NewsFrieslandCampina in €1.5bn buyout deal with Achmea Pension & Life
The deal covers pension assets of approximately 8,000 (former) employees of Friesland Foods and FrieslandCampina
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NewsUK DB funding levels hit record high with £160bn ready to boost growth
UK government is expected to publish a response to surplus extraction rules in coming weeks
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NewsDutch parliament blocks amendment on DC conversion vote
MP Agnes Joseph failed to convince enough fellow MPs to vote in favour of her proposed amendment
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NewsUK biggest funds renew call for investment independence
Outsourcing investment decisions to the government or regulators would be ‘seriously damaging’, asset owners warn
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NewsUK funds consider reducing US exposure amid tariff uncertainty
Pension funds have responded to market volatility driven by US tariffs through a combination of rebalancing, diversification, and governance reviews
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NewsAQA Education completes £120m full scheme buy-in with Rothesay
The transaction insures the benefits of all 869 scheme members, comprising 471 pensioners and dependants, as well as 398 deferred members
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NewsWales Pension Partnership launches £25bn pooled investment company
The company will consolidate assets of 22 local authority pension funds representing 412,000 members
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NewsIreland launches consultation on consolidation of defined benefit market
Master trust market in Ireland has continued to grow as trustees and employers respond to obligations under the IORP II
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NewsCancer Research UK pension fund in £280m buy-in with Standard Life
Th fund worked closely with Standard Life to meet its de-risking objectives and secure the buy-in deal through a ‘bespoke’ offering
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NewsUK market at ‘inflection point’ for tackling systemic risks, says report
But panellist describes systemic risk as another term that is ‘bandied about’ without being clearly understood
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NewsPrudential Regulation Authority puts funded reinsurance use high on agenda
Regulator to increase transparency of insurer life stress test by publishing both sector-wide and firm-specific stress test results for largest UK life insurers
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NewsBulk purchase annuity transactions hit record number in 2024
298 bulk purchase annuity transactions were completed in 2024, an increase from 227 in 2023
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Country ReportInnovation reshapes the UK pension risk transfer market
Spurred on by improved DB scheme funding, the market has seen both new entrants and returnees
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Country ReportVirtue or folly? UK pension funds eye domestic market investments
Canada, the Netherlands, Scandinavia and Australia all have considerable pension assets invested in their local economies – is it time for the UK to follow suit?
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InterviewsTPT’s quest to support UK DB pension schemes
Peter Smith, investment director at TPT, the consolidator of UK DB pension schemes, talks to Pamela Kokoszka about the latest developments in investment management at the organisation
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Country ReportRailpen CEO on board for member focus
New CEO’s sights are trained on member outcomes as the organisation looks ahead to a simpler rail sector under public ownership
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Country ReportUK country report 2025: Defined benefit pension schemes face surplus unlock dilemma
Defined benefit pension schemes could face some tough decisions on how to deal with surpluses if planned legislative changes to ease access come into effect
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NewsNordic pensions heavyweights look for silver lining amid limited Q1 losses
ATP’s Præstegaard emphasises importance of guarantees in unpredictable times, while NBIM turns in a small loss for Q1
