Funding – Page 7
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NewsExtra disclosure under TPR’s funding code could push up scheme costs
There is a risk that an ‘overly prescriptive’ approach pushes trustees into ‘costly tick-boxing’ exercise, according to Cardano
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Country ReportCommentary: Pension funding options for German employers
Pension schemes have a choice of ways in which they can exercise their funding obligations
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NewsGerman government to review investment rules for Pensionskassen
Government is drafting a law to allow Pensionskassen to achieve higher returns through their asset allocations
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NewsDutch hospitality industry fund ups interest rate hedge in run-up to DC switch
Pensioenfonds Horeca & Catering will be one of the first pension funds to switch to a DC arrangement on 1 January 2025
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NewsNumber of UK defined benefit schemes continues to shrink
The number of UK DB schemes reduced by 2% from 5,378 to 5,297 in 2023
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NewsVector Pension Scheme completes buy-in with Standard Life
The transaction secures the benefits of approximately 1,800 members
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NewsAPG pension fund scales back investment risk in run-up to DC switch
The fund is the first Dutch pension scheme to publish detailed plans about its investment strategy in the new DC system
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NewsMigros Pensionskasse sees real assets allocation hinder higher returns
MPK’s return 3.7% in 2023 is above its target return of 2.1%, said CEO Christoph Ryter
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NewsAMF posts 7.8% full-year return despite turbulent market conditions
The solvency ratio slipped to 220% in 2023 from 228% in 2022
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NewsLower rates overshadow further €500m transfer to Siemens Pensionsfonds
Liabilities increase to €1.5bn despite good returns due to lower rates
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NewsComPlan sees pension assets increase to over CHF12bn
The scheme returned 4.1% last year, with its funding ratio jumping to 114.5%
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NewsSwiss BVK re-emerges from underfunded position with 7.2% return
The scheme’s funding ratio returned to a healthy level of 102.9%, from 97.6% in 2022
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News2024 to be the biggest year for UK pension de-risking
WTW expects the pension risk transfer market to reach £80bn in 2024
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Country ReportIrish DB funding level above 100%
The average funding level of defined benefit (DB) pension schemes in Ireland has increased to 108% in 2022.
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Opinion PiecesCorporate pensions: a close eye on yields in 2024
The final two months of 2023 saw a return to form for global fixed income and equities, with respectable single and double-digit numbers in each case. After a false start in early 2023, at least for a multitude of asset forecasters, bonds were finally back in the final months of last year.
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NewsDutch pension funds well prepared for liquidity crunch, say regulators
The switch to obligatory central clearing will increase liquidity needs while the transition to DC will likely have the reverse effect, according to regulators DNB and AFM
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NewsDWP regulation is ‘starting gun’ for new DB funding regime
Final set of regulations provide greater flexibility for mature schemes to diversify investments in a wide range of assets without constraints, says PLSA
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NewsUK government confirms final DB scheme funding regulations
The regulations are set to come into force from April 2024
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NewsSwiss schemes face higher national debt in medium to longer term, says Complementa
Plus: Pensionskasssen Monitor published by Swisscanto saw funding ratios of private pension funds increase from 110.1% in 2022 to 114.9% in 2023
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NewsLGPS fully funded position to stay despite a drop
Funding levels fell to 101% as at 31 December 2023, from 108% as at 31 October 2023
