More defined benefit news – Page 16
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NewsPension providers call for stronger regulation of advisers
As part of a wide-ranging set of recommendations for improving the UK pension system, pension funds and insurers want advisers to face greater scrutiny.
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NewsWhat can DB schemes do with funding surpluses?
Ahead of last week’s DWP consultation paper, Pensions Expert spoke to legal advisers to investigate the issues schemes face when dealing with funding surpluses.
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NewsReaction: DWP plans to free up DB scheme surpluses
Industry experts have tentatively welcomed the government’s proposals for making it easier to “extract” surpluses from DB schemes.
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NewsHighlights from TPR’s latest DB data report
The regulator this week published its latest data on the private sector defined benefit (DB) landscape. Here’s what we learned.
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NewsThe changing face of bulk annuities
The bulk annuity market is changing fast, with scale and the range of options expanding as schemes and providers innovate.
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NewsDB schemes maintain strong funding position through January
The PPF 7800 index’s latest update adds weight to the expectation of a bumper year for bulk annuities.
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NewsSchroders wins major outsourced mandate from Tesco
The UK listed investment giant is to replace Tesco’s in-house team as the £12.9bn scheme’s principal manager.
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NewsWomen face ‘vast’ gender pension gap, study finds
New figures paint a stark picture of the gender pension gap, with women facing a huge disparity in retirement income compared to men.
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News‘Meaningful targets’ needed to address industry diversity issues
An appeal for action after researchers find that failure to attract diverse talent is a key barrier to improving equality and inclusion in the pensions sector.
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NewsBulk annuity supply to increase in 2024: Hymans
More insurers will enter the market this year to help satisfy demand, according to consultants.
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NewsTime for a long-term savings commission?
In the wake of the divisive ‘pots for life’ consultation, calls are emerging for an independent body to help advise the government on pensions and savings policy.
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NewsWhy the PPF is taking action on climate
The fund has co-filed a shareholder resolution for the first time. Claire Curtin, head of ESG and sustainability at the PPF, explains why.
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NewsSustainability comes to the bulk annuity sector
Pension schemes, insurers and advisers have come together to align ESG policies and reporting around pension risk transfer transactions.
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NewsDWP confirms DB funding regulations
The long-awaited new funding code for DB schemes is set for launch later this year after the government confirmed its legislative framework.
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NewsUnisys schemes secure buy-ins with Standard Life
The insurance transactions cover £300m worth of benefits for 2,400 members of two Unisys schemes as part of a wider de-risking project across the multinational firm.
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NewsDalriada Trustees launches Dalriada.Together
Consolidation services offers trusteeship, governance, admin and more to schemes
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NewsA record year for insurance transactions: what 2024 will bring for DB schemes
£80bn could be written in insurance transactions this year – while other DB schemes might consider running on. In the background, a general election is looming. What’s on the horizon for DB schemes in 2024?
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NewsMP criticises BP’s leadership for ‘dealing from the bottom of the deck’ on UK pensions
Alistair Carmichael blasted BP leaders for delinking inflation from its pension scheme payouts, which has slashed the value of the pension paid by 11%.
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NewsMore funding surplus disputes ahead
BP Pensioner Group has begun a legal process against senior members of BP management and directors of the BP Pension Fund Trustee, following concerns around the value of members' pensions.
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NewsOutlook 2023: Keep calm and carry on
There will be pockets of opportunity within equity markets for selective investors in 2024