All liabilities articles – Page 15
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News
Charity puts centre up for sale to cover LGPS costs
The Multiple Sclerosis Society is to sell a support centre to meet the cost of its local government pension scheme membership, the latest charity to sell assets to cover defined benefit costs.
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News
Invensys extends Pie to pensioners
Invensys Pension Scheme is expanding its pension increase exchange offering to retired members, as the company plans a bulk exercise for dependants and pensioners.
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Opinion
What the latest PPF 7800 data means for your scheme
From the blog: The great and the good of the pensions industry might be kicking back on the beach this month but the ongoing challenge of managing scheme liabilities awaits September’s return to reality.
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News
GKN saves £7m with Pie
Automotive and aerospace company GKN has made a £7m saving on its pension scheme following completion of a pension increase exchange exercise.
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Opinion
DB schemes responding to challenges, but is it enough?
Defined benefit pension schemes are showing greater sophistication in their approaches to risk and improving their funding levels, but the challenging wider economic environment is hampering efforts.
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News
July's top stories in 3 minutes
In this inaugural Pensions Expert Vizcast, editor Maxine Kelly and senior reporter Tom Dines provide a whistle-stop tour of the month's most significant news and case studies, covering derisking exercises and the Summer Budget (3:10).
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News
What your scheme could learn from the PPF's approach
The Pension Protection Fund has further increased its scheme funding level to 115 per cent and experts have said other defined benefit schemes could adopt its risk management approach to improve their results.
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News
How schemes should react to Carney rate rise hint
News analysis: The Bank of England has bolstered expectations of a rate rise by the end of the year and schemes should consider their position ahead of any change, experts have said.
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News
DB funding snapshot signals need for further hedging
Data analysis: Defined benefit schemes’ aggregate funding ratio rose slightly to 84.8 per cent in June, according to data, but experts say schemes should further hedge liabilities to buffer against underlying volatility in the bond markets.
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Opinion
Editorial: Pass the cashish, it's time to get creative
No festival is complete without music. As I loitered at the fringes of a marquee, in Wednesday’s sweltering heat, sounds from nearby speakers streamed an eclectic mix of hillbilly country and Mexican mariachi as I watched the panel discussion on foreign exchange.
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Opinion
Altmann: DB funding chasm requires investment innovation
In my maiden speech to the House of Lords as the new pensions minister, I made clear my view that pensions are about more than just money – ultimately, they are about people and their futures.
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News
Charles Stanley seeks DB risk control via working group
Stockbroker and wealth manager Charles Stanley has created a working party to tackle risk within its pension scheme after reporting a £6.2m deficit increase.
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News
DB schemes face crunch on index-linked corporate debt
A tightening in the supply of index-linked US corporate bonds may lead to UK pension schemes facing increased difficulty when derisking their portfolios, industry experts have said.
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News
University trust liabilities could rise by a quarter
University self-administered trusts could face a sharp rise in the value of liabilities, industry experts have warned, sparking calls for a review of the sector’s risk exposure and possible consolidation.
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Opinion
Is now a good time for an ETV or Pie exercise?
Last year’s Budget provided the most radical overhaul of the UK pension landscape for more than a decade. Members with defined contribution pension benefits now have much more flexibility over how they receive their retirement income.
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News
Tata Steel DB closure flags need for 'holistic' approach to risks
Tata Steel's plan to close its defined benefit scheme to future accrual faces industrial action, leading some experts to call on trustees to give greater consideration to the sponsor covenant.
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News
Recycled annuities could offer income for DB, but buyer beware
Alongside Wednesday’s Budget, the government will launch a consultation on the viability of a secondary market to allow pensioners to cash in their annuities, but questions remain over who would buy them.
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News
DB mastertrusts grow but funding risks drag on demand
Competition is growing in the defined benefit mastertrust market as providers promise the benefits of scale, but experts have urged employers to be mindful about the risks of these structures.
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News
How BT structured deal to recover £7bn deficit
The BT Pension Scheme has agreed a revised plan to conquer its £7bn deficit, a deal that experts say will give the scheme particular reliance on the company.
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News
Pip to seed separate renewables fund as it seeks FCA approval
The Pensions Infrastructure Platform has said plans to expand its offering by adding a renewables fund this year, as UK schemes continue to seek inflation-linked returns.