All Aon articles – Page 19
-
News
Collective schemes to be enforced by valuation and reporting framework
Collective schemes – which pool members’ assets and risk – will have to comply with new valuation and reporting requirements, under initial proposals outlined yesterday in the Queen’s Speech.
-
NewsGilt yield falls confound expectations and depress funding
Investment advisers have been taken by surprise by the recent drop in government bond yields which have inflated schemes’ liabilities and delayed derisking strategies.
-
Features
Second-tier wins out against core property investments
The ground underneath the bricks and mortar asset class trembled after the downturn in 2008, when a housing and mortgage implosion triggered the global financial crisis.
-
Features
LPFA reports doubling in employers needing covenant review
The London Pensions Fund Authority’s risk-based approach to setting contribution rates has identified around twice the number of employers that may need to provide greater solvency guarantees after its recent valuation.
-
Opinion
Criticism of fid man selection and transparency is unfounded
Fiduciary management fees are very transparent, particularly with an unbundled approach. Performance is clearer than with other approaches, as it is shown relative to schemes’ liabilities, and funding levels are closely monitored.
-
Features
Lancashire increases employer contributions to mitigate maturing membership
Lancashire Pension Fund has added lump-sum payments to its annual employer contributions to make up for reduced cash flow from a declining active membership.
-
Opinion
What overseas DC systems can tell us about the post-Budget landscape
The retirement flexibility brought about by the Budget has left many schemes wondering how to best implement the at-retirement options.
-
News
Low-cost passive DC loses ground as schemes seek 'smoothed' returns
The number of FTSE 100 trust-based defined contribution schemes using lower-cost, fully passive management for their default options has dropped by almost a half as diversified growth funds become more popular, research has found.
-
FeaturesLafarge doubles contributions to cut deficit
Building materials manufacturer Lafarge has more than doubled its contributions to its UK pension fund after scheme and sponsor negotiated a beefed-up recovery plan to tackle the funding deficit.
-
FeaturesMineworkers scheme extends cash buffer to battle rising longevity
The Mineworkers Pension Scheme has secured a 10-year extension to the repayment deadline of its government-backed investment reserve, as it works to manage increased longevity among scheme members.
-
News
Schemes eye hedge funds in hunt for return certainty
Global institutional investor sentiment is moving towards hedge funds as pension schemes look for less volatile equity returns, with larger investors favouring bespoke blended manager mandates.
-
FeaturesStrathclyde rebalances bond portfolio in drive for greater returns
Strathclyde Pension Fund has decreased its allocation to corporate bonds in favour of a wider absolute return bond strategy, to rebalance its portfolio as spreads tighten.
-
News
Multi-asset exposure surges as schemes focus on volatility
The proportion of pension schemes with multi-asset fund exposure has risen to 83 per cent, up from 70 per cent just six months ago, as schemes look to control volatility and mitigate macroeconomic risk.
-
Opinion
How to build your risk committee
As more defined benefit schemes follow a derisking plan towards their end point, monitoring and managing risk grows ever more important.
-
NewsEmployers consider RPI/CPI switch as gap widens
Consultants have reported more employers trying to overcome the difficulties of switching from using the retail price index to the consumer price index to reduce scheme liabilities as the gap between the two measures widens.
-
News
Consultant-provider collaborations create AE quandary
News analysis: Employers and schemes approaching auto-enrolment face a unique governance challenge as consultants and providers club together to provide off-the-shelf products, with industry commentators raising questions on independence and cost.
-
News
European investors hunt alternatives to diversify growth assets
Data analysis: Fixed income attracted the most money from European investors last year, but alternatives won on future allocations as schemes look to derisk and diversify portfolios.
-
News
Data analytics use on the rise to inform investment decisions
Four in five institutional investors have increased the use of data analytics in the past three years to inform investment and risk-management decisions, and to meet tougher regulatory requirements.
-
Opinion
Managers pick best value EMD countries for 2014
For those who desired an object lesson in asset correlation and the worth of diversification under pressure, emerging markets have delivered.
-
Features
Plumbing scheme offers lower contribution rate to tempt employers
The Plumbing and Mechanical Services Industry Pension Scheme will offer a lower contribution scale to new employers joining the career average scheme, to help it compete with defined contribution arrangements.