All Lincoln Pensions articles – Page 4
-
OpinionIRM: Nouvelle cuisine or sing a song of sixpence?
Integrated risk management is a tool that was designed to help trustees identify and manage the factors that influence the prospects of a pension scheme meeting its objectives.
-
Opinion
How can trustees stand their ground in sponsor discussions?
Trustees have every right to be a little confused. Shortly after the Pensions Regulator was created in 2005, trustees felt they were being asked to ‘act like a bank’.
-
NewsSwitching BSPS indexation to CPI could set legal precedent
A four-week public consultation on the British Steel Pension Scheme launched by the government this week could pave the way for an indexation switch aimed at significantly reducing Tata Steel’s pension liabilities, which could reverberate across the private sector.
-
OpinionTime for sponsors to fIRM up their thinking
For corporates, pension funding is an issue that just will not go away, so perhaps it is time for some fresh thinking before embarking on any more rounds of discussions with their trustees.
-
FeaturesITV absorbs Wireless Group DB scheme
Broadcasting company Wireless Group has signed over its defined benefit pension obligations to broadcaster ITV, under the terms of sale of its television entities to the media giant, showing that defined benefit schemes do not have to be left behind in mergers and acquisitions.
-
OpinionWhat a move to CPIH could mean for UK pension schemes
Analysis: A letter from the Office for National Statistics recently cast ripples of doubt over the future shape of UK consumer inflation statistics; a move to consumer price inflation including housing, or even a household inflation index could have far-reaching effects on UK pension fund benefits and liabilities.
-
News
Barclays scheme probes impact of ringfencing
Barclays is assessing which of its entities will participate in the bank’s UK Retirement Fund from 2026, when ringfencing regulations become fully effective, as schemes across the sector face up to complex covenant questions.
-
FeaturesMarket effects of possible Brexit throw up investment questions
Analysis: Trustees must consider how growing uncertainty over the UK’s future in the European Union could hit their holdings, consultants have said, identifying both headwinds and opportunities en route to the referendum.
-
Features
Weathering the storm: How to tackle scheme closure
Analysis: Defined benefit scheme closures present significant challenges to all parties involved, but how can sponsors ensure they engage their workforce in meaningful consultation?
-
NewsRenishaw recognises true liability as IFRIC 14 bites
Gloucestershire-based engineering company Renishaw’s defined benefit liabilities jumped £15.6m above the IAS 19 accounting deficit at the end of last year, as experts highlighted the impact the accounting measure IFRIC 14 has on scheme valuations.
-
Opinion
Funding and reinsurance emerge as biggest challenges on the road to buyout
Feature: The introduction of Solvency II last month has made buying out in full even trickier than before, but there are things trustees can do to make it more likely to happen.
-
Opinion
The cost of a buy-in: A trio of factors dominate pricing
Feature: Many more schemes are expected to explore derisking avenues such as buy-ins and buyouts in 2016, but whether to press ahead will come down to affordability, which hinges on at least three key factors.
-
News
Burgeoning buyout arena threatens pricing, schemes urged to prepare
The growing number of players in the UK buyout market may, counterintuitively, make it more difficult for pension schemes to get quotations from insurers, industry experts have said.
-
Features
Royal Mail closure plan flags pulldown effect of low rates
The perennial question of whether it is possible to keep defined benefit schemes open to accrual has resurfaced after Royal Mail Group said it could not afford to keep its DB scheme open beyond 2018.
-
News
LPFA confronts employer risk through covenant monitoring
Keeping a constant eye on the financial strength of employers has brought the London Pensions Fund Authority £310m worth of guarantees, assurances and cash since its 2013 triennial valuation.
-
News
Trustees are struggling in funding negotiations
The Pensions Regulator will undertake an in-depth review of its 2014 defined benefit funding code next year, as trustees struggle to exert power against employers armed with the watchdog’s new strategic objective.
-
News
PPF-plus compromise deals expected to rise
‘Compromise’ deals designed to secure benefits above lifeboat levels could increase over the next couple of years, as deficit reduction pressures continue to squeeze schemes and their sponsors’ balance sheets.
-
FeaturesDB closures 'storing up issues' for DC
News Analysis: The closure of defined benefit pension schemes may alleviate a significant financial burden, but experts have urged employers to think carefully about the long-term impact of the replacement arrangements chosen for affected employees.
-
NewsStamp dealer takes adviser to task over admin issues
Stamp trader Stanley Gibbons sought redress from a former adviser after issues were raised concerning the company’s scheme rules, a move that has cost the scheme £1.7m in legal fees.
-
News
FTSE 100 deficits feel pain of corporate yield slump
Schemes must reassess the case for increasing hedging activity, experts have said, as a £5bn increase in FTSE 100 deficits underlines the need for enhanced protections.