Defined benefit – Page 23
-
News‘Potential renaissance’ of UK DB pensions mooted amid parliamentary probe
Work and Pensions Committee’s inquiry into defined benefit pension schemes ends today
-
NewsBuy-in roundup: Safeway completes £1.4bn deal with Rothesay
Plus: Ibstock Pension Scheme’s £190m buy-in with Just Group; Market volatility pushes buy-in/buyout volumes
-
NewsPensionsEurope Conference: Risk management in time of transition
The move from DB to DC schemes, and a renewed emphasis on ESG, lead to a rethink in governance and investments
-
NewsFuture of UK pensions ‘looks risky’, says IFS as Pensions Review is launched
The Pensions Review will produce a series of detailed reports over the next two years on these challenges facing future generations of pensioners
-
NewsUK parliamentarians call for greater accountability of regulators
RRG recommends forming a new cross-parliamentary committee to oversee the performance of regulators
-
NewsBTPS in-house arm rebrands to offer services to third-party DB schemes
Brightwell’s first new client is the £1bn DB division of EE Pension Scheme
-
Country ReportNetherlands: Pension overhaul nears another milestone
The law to reform Dutch pensions has finally been approved by the Dutch lower house, but the switch from DB to DC still needs to clear one hurdle – the Senate
-
NewsBank of England tips Pensions Regulator to keep LDI buffers wide
UK central bank advises DB pension funds keep minimum of 250 basis points buffer liquidity – but more on top of that
-
NewsUK pensions industry calls for delay of DB Funding Code implementation
Critics of the proposed regulations argued that the new legal framework would be overly rigid
-
NewsUK Budget: pensions annual allowance increased, LTA abolished
These changes to pension allowances won’t impact the vast majority of hard working savers, industry says
-
NewsUK roundup: FTSE 350 pension scheme funding shows noticeable surplus increase
Plus: Trustees warned of insurance firms’ TCFD reports for risk transfer selection; Pension funds hold key to unlocking nature and wildlife potential
-
NewsUK roundup: GKN Group completes £513m pensions buy-in deal with Just Group
Plus: PMI hires Scottish Widows as master trust insight partner
-
NewsRSA Group completes £6.5bn buy-in deal with Pension Insurance Corporation
This makes it the largest ever bulk annuity transaction from pension schemes to insure
-
NewsTPR’s new funding code causes cost concerns for DB schemes
Nearly half of trustees and sponsors (42%) are concerned about the additional governance challenges, and in turn associated costs, that the code will bring
-
NewsDutch pension federation slams over-inquisitive regulator over pension transition policy
DNB also gives itself excessive discretionary power to block the transition of pension funds to the new DC system, according to Pensioenfederatie
-
NewsThe Pensions Regulator launches ESG, climate campaign
TPR is warning trustees that enforcement action may be taken against them if they fail to publish their statement of investment principles
-
NewsSweden’s big two occupational pension providers lose 9.8% and 8.6% on assets
AMF says large exposure to Swedish companies pulled investment returns down; Alecta sees rising rates shrink large DB liabilities
-
NewsArcadia Group in £850m buy-in deal with Aviva
Further work is being carried out to determine the future level of pension increases for members of the senior executives scheme
-
NewsUK roundup: British American Tobacco scheme completes £250m buy-in deal
Plus: NEST ends admin contract with Atos
-
Country ReportIreland: Viewpoint – Trustees, understand the employer covenant
Pensions may lose out if boards do not have a full grasp of the risks facing schemes
