Funding – Page 5
-
NewsAssofondipensione works on bond yield guarantee for fund of funds
The FoFs would have a two-tier structure, with one part of the assets invested in private equity to support the Italian real economy
-
NewsFunding ratios of German corporate schemes hit unprecedented level
The funding ratio of pension plans of DAX companies improved to 84%, similarly, the funding ratio for pension plans of MDAX companies improved to 84.8%
-
NewsItaly’s complementary pension schemes record 8% contribution growth in H1
The number of members signing up for complementary pensions at the end of June 2024 grew by 2.3% to 10.9 million
-
NewsThe Pensions Regulator’s funding code is laid in parliament
The industry is still awaiting the publication of final statement of strategy and employer covenant assessment
-
NewsUniversities Superannuation Scheme reports £9.2bn DB surplus
The value of the DB fund increased by £1.7bn over the year to 31 March 2024
-
NewsCERN pension fund posts negative returns while other schemes rebound
Swiss pension funds achieved average net returns of 5.1% in 2023, according to Swisscanto
-
NewsFTSE 350 companies paid £6.6bn to UK DC plans in 2023
DC spend exceeds DB spend among DB sponsors for the first time
-
NewsSwiss pension funds’ index investing climbs to all-time high
Swiss schemes achieved average net returns of 5.1%, with average returns of the best performing schemes standing at 8.2%, according to Swisscanto
-
NewsTelereal Pension Plan completes £130m buy-in with Aviva
The deal covers the defined benefit liabilities for around 500 members of the plan
-
NewsDB scheme employers urged to review surplus framework ahead of valuations
Areas to be reviewed include escrow arrangements, contribution mechanisms and funding of future service contributions
-
NewsShare of Swiss underfunded pension funds shrinks to 7%
Occupational pensions regulator deems schemes’ financial situation solid to face geopolitical tensions this year
-
NewsSwiss schemes see ‘significant improvement’ in Q1 funding ratios, says Swisscanto
Almost all pension funds have now reached a 100% funding ratio, and only 0.2% remain underfunded
-
Country ReportUK Country Report 2024: Is buyout still the gold standard for pension funds?
Improved funding positions mean more DB schemes are considering run-on rather than off-loading their liabilities
-
NewsLGPS funding level increases to 106% ahead of next actuarial valuation
LGPS funding level improved from 67% at 31 March 2022 to 106% as at 31 March 2024
-
NewsVarma assets jump to historic high of €60.9bn with 3.6% Q1 returns
Plus: Ilmarinen reports a 3.2% Q1 return, while Keva posts 3.7%
-
NewsRegulator calls for UK DB schemes to reassess long-term objectives
TPR’s Louise Davey says ‘trustees should look to redirect some of their funding level improvements towards a funding and investment strategy that is aligned with their plans’
-
NewsRising equity markets spike Dutch funding ratios
ABP and PFZW suffered losses on their government bond portfolios, however, as Dutch and German yields rose
-
NewsFTSE350 DB schemes do not invest in line with Mansion House agenda
Mercer analysis of FTSE350 pension funds shows an aggregate surplus of £66bn at the end of March 2024
-
NewsTPR’s Statement of Strategy will be challenging and costly for UK schemes
Completing the template as proposed will create a lot of extra work and could add 20% to scheme valuation costs
-
NewsDutch pension funds cannot reduce risk without limits, says regulator
Many Dutch schemes plan to dial down investment risk to protect their funding ratios in the run-up to the pension transition
