Defined benefit – Page 22
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NewsDutch DC pension accruals ‘relatively low’, says regulator
Some 65% of workers in DC plans have pension contributions of 10% or less of pensionable salaries
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NewsClosed Dutch Unilever fund to continue DB arrangement
Univest, the investment vehicle for all global Unilever pension schemes, will hand over two bond mandates to external managers
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NewsUK DB schemes planning for buyout could save £20m, says Hymans Robertson
The firm’s latest guide aims to provide trustees with a ‘clear’ online framework to avoid ‘potential pitfalls’ on their journey to buyout
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NewsAlecta to diversify equities, cut non-Nordic exposure and add indexing
Swedish pensions heavyweight announces first steps in crisis-driven strategy overhaul
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NewsPensions industry calls on regulators to ‘materialise’ revised funding code
The code has introduced elements of flexibility, but uncertainty needs to be avoided
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Opinion PiecesViewpoint: Fee transparency – it’s good for managers too, but they probably won’t believe it
Asset managers are still not properly able to represent the true and comparative value-for-money they provide
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NewsPLSA pinpoints UK investment potential for pension funds
The association expects the scale and distribution of assets across the pensions sector to alter substantially over the next decade
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NewsFTSE 350 DB pensions schemes shift £5bn deficit to £38bn surplus
But ’there is every chance that 2022 will be a last hurrah for cash injections into DB schemes’, says WTW
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NewsNew PPF proposals would represent ‘seismic changes’ to UK pensions landscape
Plans would mean ‘struggling’ DB schemes could choose to opt-in to the Pension Protection Fund
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NewsNorway moves ahead with flexible buffer rules for legacy DB
Pension funds, insurance companies divided on issue of proposed ceiling on buffer fund
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NewsLCP sets up climate risk tool for pension scheme stakeholders
The firm is urging trustees to carefully analyse company business plans and forecasts
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NewsUK roundup: British Steel Pension Scheme in £2.7bn buy-in deal
Plus: DWP opens auto-enrolment consultation for defined benefit schemes; Direct Line Group Pension Trustee picks LifeSight as master trust provider
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NewsPensions regulator calls on DB trustees to brush up on employers’ financial positions
A high level of debt among businesses can risk their ability to support DB pension schemes
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NewsUK travel pension fund secures £900m buy-in deal with Aviva
The buy-in and eventual buyout with Aviva will ultimately result in a better outcome for the vast majority of members
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Opinion PiecesViewpoint: Differentiation – the future of professional pension trusteeship
When purchasing professional services, choice is good. Differentiated choice is even better.
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NewsAon lauds BoE sparking ‘robust debate’ on wisdom of UK buyout surge
Consultancy responds to warning from UK central bank about risks of insurers rushing to offer bulk annuities to now-healthier DB schemes
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Country ReportUK: A review of the LDI debacle
The UK Parliamentary inquiry into the LDI crisis has shed light on its causes, but the debate over the lessons learned for the UK DB industry is far from over
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Opinion PiecesBlame will not solve the issues raised by the LDI crisis
The chain of events that led to the UK’s liability-driven investment (LDI) crisis, a high-profile inquiry by the UK Parliament, and a time of anxiety and introspection in the country’s pension industry, started well before then prime minister Liz Truss’s government and its somewhat reckless ‘growth plan’.
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Country ReportUK: Beware the unintended consequences of the DB funding code
Laura McLaren highlights the unintended consequences of TPR’s proposed code, and what can be done to mitigate the risks
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NewsThe Pensions Regulator pushes trustees on long-term funding targets
TPR’s Annual Funding Statement explains how pension funds will need to reset funding and investment strategies
