Defined benefit – Page 23
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NewsM&G returns to UK bulk annuity market
The buy-in for M&G’s own pension fund secures the benefits of 1,414 pensioners and deferred members
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NewsGovernance group calls UK government to end DB/DC ‘intergenerational unfairness’
To encourage corporate DB schemes to build a surplus, plan sponsors should be offered the chance to deploy surplus to boost DC contributions, IGG says
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NewsDepartment store John Lewis shows healthy pension fund surplus
Pension fund to stop £10m deficit contributions
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NewsPPF opens levy consultation to halve charge to £100m
‘It is clear that PPF would like to go further but is constrained by law,’ says LCP
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NewsPPF would take 18 years to consolidate smallest UK DB schemes, says WTW
Crucial changes to the shape of benefits will present a ‘significant hurdle’ for trustees, if their consent is required for any consolidation
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NewsPPF ‘well placed’ to take on public sector consolidator role
‘The public sector consolidator option could substantially deliver against the government’s objectives,’ says PPF chief
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AnalysisAnalysis: Industry calls for regulation focus for trustees to drive economic growth
It’s important to recognise the difference in the role of DB and DC scheme trustees, says Isio
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AnalysisAnalysis: Encouraging DB schemes to take more investment risk
With the call for evidence closing today, consultants shared what needs to be done to encourage DB schemes to take on more investment risk
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AnalysisAnalysis: Can UK plan sponsors benefit from Mansion House reforms’ surpluses?
Consultants share mixed views on whether pension fund sponsors could benefit from surpluses
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Special ReportTop 1000 Pension Funds 2023: Europe’s pensions absorb a €646bn loss
Last year saw a net reduction in the asset stock of European pension investment retirement pools of 6.77% over the previous year, according to IPE’s annual study of the leading 1,000 pension funds across the continent, marking a sea change for pensions.
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Country ReportFrance’s new pension product smashes through target
Assets managed by PER supplementary pension products could reach €200bn by 2026
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NewsUK roundup: ITB Pension Funds complete £290m buy-in with Just Group
Plus: Aon publishes DB funding report; TPT enhances responsible investment choices for DC members
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AnalysisAnalysis: DB Funding Code reforms
The relevance of the Code has been called into question given the improved funding position of UK DB schemes
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Opinion PiecesViewpoint: How to prepare your scheme for the buyout backlog
Schemes must proactively prepare for major delays in risk transfers
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NewsIFoA highlights benefits of capital backed funding arrangements
CBFAs can ‘offer distinct benefits when compared with DIY approaches, superfunds, DB master trusts and conventional insurance risk transfer policies’
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NewsUK roundup: Leonardo Helicopters scheme picks Isio as actuarial adviser
Plus: DB trustees focus on illiquids when targeting bulk purchase annuities; Pension industry urged to reach out to LGBTQIA+ community
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NewsMercer urges trustees not to ignore incoming DB funding code
Funding level increased from 108% to 109% and has not dipped below 105% since the start of 2023
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NewsUK roundup: DB scheme transfers see significant fall in quotations
Plus: PLSA recommends policy measures to reduce risk of over-saving; Smart Pension partners with Punter Southall
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NewsUSS sees assets under management drop by 16%
USS asset under management fell from £90.8bn to £75.5bn last year
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NewsProposals to boost investment in UK growth should not be rushed
It is important that the government seeks a range of views through an extended consultation process, says XPS
