All Funding articles
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NewsDutch wood processing scheme cancels merger with furniture fund
The large funding ratio gap meant there would have been a high chance of a significant cut in pension rights for PHJ members on 1 January 2022
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News
TPR calls on DB schemes to look out for funding challenges
Pension funds should retain a focus on the long term – most specifically around planning and risk management
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News
Swiss roundup: Climate strategy, exclusion policy drive PKZH’s equity returns
Plus: Annual results for Asga, Credit Suisse, CPV/CAP, APK, PKBS
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News
Swiss pension fund swaps hedge funds, commodities for gold
Its 2020 funding ratio stood at 71.4%, above the 67.3% set for its recapitalization path, but below the 72.3% number for 2019
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News
Pension deficits turned into surpluses at the start of pandemic, says WTW
Where deficit contributions were made, the median amount paid in 2020 was estimated at £15m, up 8% on 2019
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News
Swiss pension funds can benefit from higher inflation
The economic funding ratio would increase for most Swiss pension funds
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News
BTPS announces 10-year deficit repair plan following triennial valuation
‘The deficit reduction plan is on track with the scheme set to be fully funded by 2030’, says chair of trustees
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News
ICL Group scheme strikes £3.7bn longevity hedge
The hedge covers pensions in payment for approximately 9,000 members and provides long-term protection against additional costs
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News
DACH roundup: German parliament eases Pensionskassen bailouts
Plus: Swiss schemes improve funding ratio; VBV greens portfolio
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News
UK roundup: DB schemes stronger than pre-COVID levels
Plus: DWS, Tikehau’s new secured income fund; National Trust awards climate change mitigation mandate
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News
Norway takes record withdrawal from SWF in revised budget
“Right and necessary to implement powerful financial measures,” says finance minister
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News
KLM and unions agree DC switch for ground crew
The airliner has received €3.4bn in loans from the Dutch state to avoid bankruptcy
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News
German lifeboat scheme sees contribution rate climb to highest level
Contributions grew from €1.08bn in 2019 to €1.48bn last year
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News
Ilmarinen sees contributions slip as COVID hits client payrolls
Finnish pension insurer reports 4.8% return for Q1, contributions fell to €1.4bn from €1.5bn a year ago
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News
Unnamed UK pension scheme signs £6bn longevity swap
Longevity risk was reinsured to PFI subsidiary, with Zurich acting as intermediary on a ‘pass-through’ basis
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News
DACH roundup: Swiss schemes’ funding ratio peaks at record level in Q1
Plus: Q1 results for Austrian Pensionskassen; Germany passes location act for industry boost; Porsche pension fund seeks pensions specialist
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Country Report
Funding code: Deciphering the new code
With the Pensions Regulator consulting on a new code of practice for defined benefit (DB) scheme funding, trustees are advised to take a long-term view of investment, covenant and liabilities
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News
Former pensions minister warns retired workers’ income set to fall dramatically
‘We have been living in a fool’s paradise when it comes to incomes at retirement,’ says Webb
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News
ABP funding ratio exceeds 100%
‘The chance of pension cuts over the coming years remains real,’ says Corien Wortmann–Kool, ABP president
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News
Swiss cantonal Pensionskassen record funding ratio uptick in 2020
The funding ratio for the Canton Appenzell Ausserrhoden pension fund stood at 116.3%, topping the fully funded schemes’ list
